Question: This is Engineering Management course question, plz solve it briefly with examples... Q-1: What is Risk Planning? Explain Risk identification, Risk Probability& effect. and Risk

This is Engineering Management course question, plz solve it briefly with examples...

Q-1: What is Risk Planning? Explain Risk identification, Risk Probability& effect. and Risk Response strategy? (05 Marks) Q-2: Explain three approaches/tactics which a Project Manager might consider when optimizing the resource allocation for a project. (Identify in your answer any assumptions/implications made). (05 Marks)

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