Question: PROBLEM 1. PROJECT RISK MANAGEMENT (15 points) Chapter 8 Questions: a. There is one of the project attributes that leads the organization to manage risks

PROBLEM 1. PROJECT RISK MANAGEMENT (15 points)

PROBLEM 1. PROJECT RISK MANAGEMENT (15 points) Chapter 8 Questions: a. There is one of the project attributes that leads the organization to manage risks in their projects. Define that attribute and explain why risks have to be managed (4 points) b. What is the purpose of risk categories? State and define at least 5 (five) risk categories (5 points) c. Define and explain 3 (three) risk response plans with each respective example (6 points)

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