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Descriptive Questions: 10 Marks For Each Question
Descriptive Questions: 10 Marks For Each Question
2. Discuss the difference between Internal Risks and External Risks. List sources of Risks in each of
these categories.
3. The chances of risk events occurring and their respective costs increasing change over the
project life cycle. What is the significance of this phenomenon to a project manager ?
Objective Questions : Each Question carry two marks, for the correct answer.
2. Risk avoidance :
3. An opportunity is defined as ,
(a) An appropriate option for dealing with a risk.
(b) A risk with a potential beneficial outcome
(c) Something which may pose a risk
(d) A way of managing a threat to the project objectives.