Explain why a “project” is enhanced by the allocation of risks?

Risk& Risk Mitigation

them. By doing this the value of the project is enhanced.

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a) Explain why a “project” is enhanced by the allocation of risks?
b) Explain and give 4 examples of projects risks & how they can be allocated.
c) Explain why risks are ranked “High, Medium or Low”?
d) Explain the importance of “mitigation” when assessing risks? and
e) R.Tinsley suggests a caveat should “ensure the 3 party is good for it” Explain

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