Question: What are the major differences between managing negative risks (threats) and positive risks (opportunities)? Is it really important for the project team to manage both?

What are the major differences between managing negative risks (threats) and positive risks (opportunities)? Is it really important for the project team to manage both?

How can risk analysis be used for non-project business decision-making? When is it appropriate for the project team to use the "Escalate" risk response strategy for identified risks?

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