please write atleast 300 words

This unit examines the project execution process with emphasis on managing risk. The chances of risk events occuming (and their fespective impact on costs) can change over the project life cycle. Consider how significant this change could be to the Project Matrager. Consider the following projects that have inherent hightisk lactors - Cleaning up a toxic waste site, - The launch of a space rocket. - Developing autonomous vehicles Select ONE of the above projects of your likang and respond to the following 1. Draw from the readings this week and identify potential nsk events for the project you selected. 2. Discuss the tools and techniques that the Project Manager should use to analyze the risks events you identified 3. From the list of nisks events that you identified above, identify which of these tisk events the Project Manager might seek to mitigate, transfer, or absorb in your answer state Wiry he/she would choose the risk management strategy you suggested