Question: risk manager manages risks in a construction project. A stakeholder mentions that if there is less than a 50% chance of rain, construction should continue.
risk manager manages risks in a construction project. A stakeholder mentions that if there is less than a 50% chance of rain, construction should continue. Another stakeholder says that if there is less than a 60% chance of rain, construction should continue What should the risk manager do next to find out the correct limit? Find out the stakeholders' risk appetite Perform a sensitivity analysis of the risk Review the agreed-upon risk tolerance Use industry standard risk thresholds
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