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Why should projects include risk in their project planning


Answer the following in detail:

1. Why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered?

2. WHAT DOES PROJECT RISK MANAGEMENT MEAN IN THE CONTEXT OF PROJECT MANAGEMENT? DESCRIBE PROJECT RISK MANAGEMENT AS A COMPONENT OF THE PROJECT MANAGEMENT PROCESS.

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Risk Management: Why should projects include risk in their project planning
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