Explain what types of risks are inherent in a project, Operation Management

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1. What do each of the letters in the SMART acronym stand for?

2. In your own words, describe what each piece of the SMART acronym means?

3. Why is the SMART acronym an important part of developing requirements for the project?

4. What types of risks are inherent in a project?

5. Where do they originate?

6. Can they be mitigated? Explain how.

7. What are the consequences of ignoring a conflict within a project team?

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