Question: QUESTION 4 ( 2 0 Marks ) Risk management is inherent in all projects. For this reason, the effects of any activity cannot be predicted

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Risk management is inherent in all projects. For this reason, the effects of any activity cannot be predicted precisely, and a range of outcomes can occur. Together, the set of opportunities and threats comprise the set of project risks. Evaluate the several options for responding to uncertainty in projects. Apply this information to a project of your choice.

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