Question: What value is there in including a project risk plan and what are the project risk mitigation strategies? How does a project manager assess the

What value is there in including a project risk plan and what are the project risk mitigation strategies? How does a project manager assess the cost and benefit of addressing a risk before they occur? Can perfect planning control all possible risk occurrences and outcomes? Should the project manager address risk on a proactive or reactive basis and why? Do you agree that proactive is more cost effective than reactive?

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