Question: Multiple Select Question Select all that apply Which statement ( s ) best describe managing cost risks? More than one answer may be correct. Multiple

Multiple Select Question
Select all that apply
Which statement(s) best describe managing cost risks? More than one answer may be correct.
Multiple select question.
A lump-sum approach is the most effective.
Price risks should be evaluated item by item on cost-sensitive projects.
It is only necessary on projects of short duration.
Factors that will change should be identified and the magnitude of change should be estimated.

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