Chances of risk events occurring over project life cycle

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Q1) Why is it important for project managers to resist changes to the project baseline? Under what conditions would a project manager make changes to a baseline? When would a project manager not allow changes to a baseline?

Q2) The chances of risk events occurring and their respective costs increasing change over the project life cycle. What is the significance of this phenomenon to a project manager? Can risk be eliminated if a project is carefully planned? Why or why not?

Reference no: EM1340401

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