Difference between the Known Risks and Predictable Risks
Briefly illustrate the difference between the ‘Known Risks’ and ‘Predictable Risks’?
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Known Risks:
a) That can be not covered after careful computation of the project plan, business and technical environment in which the product is being build up.
b) Illustration: Impractical delivery rate.
Predictable Risks:
a) Extrapolated from the past project experience.
b) Illustration: Staff turn-over.
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