In a project context risk is defined as, Operation Management

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In a project context risk is defined as

In a project context, risk is defined as:

a. An uncertain event that, if it occurs, will have a negative affect on at least one project objective.

b. The impact of not completing the project on time and within budget.

c. An uncertain event that, if it occurs, will have a positive or negative affect on at least one project objective.

d. The probability of an event having a positive or negative affect on at least one project objective.

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Operation Management: In a project context risk is defined as

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