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- Why is it important to assess and qualify risk in general terms; for example, low, medium, or high?
- how you would quantify the terms low, medium, and high in your project.
- Advantages to identify risks
- How is qualitative risk assessment used to prioritize risks and aid in decision making related to allocating resources to manage risks?
- How would you qualitatively assess risk in your project?
- List and discuss primary sources of risks in projects.
- Provide examples and explain when these risks are likely to occur.
- How does project schedule evaluation and critical path methodology aid in identifying these risks?
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