Question: QUESTION 3 (20 Marks) Assess the key steps and components involved in implementing the ISO 31000 risk management process, and how organisations can ensure that

QUESTION 3 (20 Marks)

Assess the key steps and components involved in implementing the ISO 31000 risk management process, and how organisations can ensure that they effectively integrate risk management into their overall decision-making and operations.

QUESTION 4 (20 Marks)

Using examples, critically assess the various risk response strategies commonly used in managing project risk.

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