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Explain about the characteristics required in a risk owner.
To be effective within their role, a risk owner’ requirements are as follows:
a. Adequate information regarding and understanding of the risk
b. The resources to carry out something concerning this
c. The authority to take the needed action.
characterestic of economics
Describe the difference between value management and value engineering. Value Engineering: It is concerned all along with determining the cheapest method of accomplishing
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