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Question:
(a) Risk has always been an intrinsic part of project management. With increasing market competition, technology, and globalization, risk management is continuously gaining wider acceptance and importance and has become compulsory for project success. Discuss the main components that are likely to be included in the risk management system.
(b) Explain the integration of the Work Breakdown Structure and the Organizational Structure in projects.
(c) "Allocating extra resources to a project that cannot be completed on target, allows it to catch up with its project schedule". Discuss this statement.
Scheduling Once a program plan is approved, good scheduling is the heart of the program management process. Program schedules provide adequate time to ensure that the work bre
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What are the conditions of risk occurrence in project? Within a project environment there is all the time a risk or chance which adverse conditions arise, which could reason of
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