project risk assi # 1
Jessica1990
1. Review figure 1.1 on page 4 of the textbook and describe how each of the 6 elements of project and portfolio risk management work together. In addition, do you see a need for a seventh element?
2. Explain why ‘risk and uncertainty’ lowers over the course of a project while at the same time the cost of a change to a project rises.
3. Explain the impacts of project risks on the triple constraint.
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