What's the difference between an issue and a risk? Provide an example that distinguishes the two. What's the difference between managing a risk and managing an issue or are they both managed the same? Discuss how both are managed during project execution. Is it important for project managers to develop issue management strategies? If so, what should they look like? What does PMBOK say on both issue and risk? What arguably are the end results of not having a risk management strategy and an issue management strategy?