Define a threat and an opportunity

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Reference no: EM132781924

Question: Discuss Questions the basics of risk management. Ensure you are noting the following:

- What is project risk and why is it important to plan for risk?

- Define a threat and an opportunity. Why is it important to know what these are on your project?

- What are the risk response strategies? Please find an additional reference source and cite the source in your discussion post. Three references

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In this assignment the discussion was made on risk management and further we answered about what is project risk and why is it important to plan for risk. The discussion consist element of successful risk control techniques allow a company concentrate on the strength and vulnerability of projects at the same time as continuing them operate on project opportunities and risks so that at the time of incident occurrence, every unforeseen incident contingency strategy will be executed.

Reference no: EM132781924

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