Question: . Risk Management Plan: You are required to develop a comprehensive Risk Management Plan for the Nicol Building Project. This plan should outline the 7

. Risk Management Plan: You are required to develop a comprehensive Risk Management Plan for the Nicol Building Project. This plan should outline the 7This material is licensed under the Creative Commons Attribution CC BY-NC-ND processes and strategies for identifying, assessing, and responding to risks throughout the project lifecycle. It should also specify roles and responsibilities, risk tolerance thresholds, and communication strategies to ensure effective risk management.

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