Question: Q-1 Describe the risks for construction renovationprojects based on broad categories, including positive (opportunities) and negative (threats) risks. Q-2 Qualitative Risk Analysis: Using a probability

Q-1 Describe the risks for construction renovationprojects based on broad categories, including positive (opportunities) and negative (threats) risks.

Q-2 Qualitative Risk Analysis: Using a probability and impact matrix or risk register, prioritize the risks for a construction renovation project.

Q-3 Quantitative Risk Analysis: Measure the risk impact using specified project management techniques that align quantitative risk factors with qualitative risk analysis. You can add monetary or time elements to the risks from the qualitative risk analysis.

Q-4 Risk Response Strategies: Develop appropriate risk response strategies for the risks from the analyses.

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