Question: QUESTION FOUR [20] 4.1 Managing project risk is critical for project success. Discuss the key steps involved in the risk management process in project management.

QUESTION FOUR [20]

4.1 Managing project risk is critical for project success. Discuss the key steps involved in the risk management process in project management. (10)

4.2 Explain the concept of risk response in project management. Discuss various strategies and techniques that can be employed for responding to risks should they occur. Provide examples to substantiate your answer (10)

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