Without using AI reply to the following discussion post, Please note that your answers are run through an AI-generated detector to ensure original work

Risk management is needed to help foresee uncertainty and any issues that can impact the project objectives, and take action to reduce or prevent the issues from occurring. Similarly, potential opportunities should be reviewed so action can be taken to take advantage of these positive events. Address the following questions.

1. What is uncertainty?
2. What are project risks?
3. What is the purpose of risk management planning?
4. Why are opportunities (positive risks) important in projects?

Please note that you are only responding to my classmate's post below, not the questions above.

Below is a classmate's post please respond by giving feedback in about one to two paragraphs.

Hi professor, class,

1. What is uncertainty?
   1. Uncertainty is exactly as it sounds, something that people are uncertain about. If you work outside, weather can always be a risk. Uncertainty is something unpredictable and cannot be foreseen. A police officer risks their life everyday as they are uncertain how the day will go.
2. What are project risks?
   1. Project risks are items that could turn into an issue if not mitigated. Anything that has the potential to impact schedule, budget, scope, or resources is a risk. Risks can be both positive or negative and should have mitigation and contingency plans for them.
3. What is the purpose of risk management planning?
   1. Risk management planning is helpful by preparing for unforeseen events should you run into it. For example, I'm ordering material for a project and awaiting shipping from USPS. There were talks about a government shutdown and USPS may not deliver on time and would delay project. You can plan ahead (mitigation) by sourcing another vendor and timeline to delivery. The mitigation plan is to order from another vendor if not received by a certain date. You can also have a plan C (contingency plan) and source locally as the last resort.
4. Why are opportunities (positive risks) important in projects?
   1. As negative risks turn into issues, positive risks turn into opportunities. This could mean expanded business, more selling, or simply working through innovation for a better solution that the customer ends up happier with.