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Understanding and Managing Project Risks

Project risks can impact a project positively or negatively. It is essential to identify, analyze, and manage risks proactively to increase the likelihood of project success. Risks can be categorized into direct risks to project success, such as health and safety concerns, and other risks like environmental or legal factors. Attendees for risk management planning should include project managers, team leaders, stakeholders, and risk management personnel. Various methods like SWOT analysis, cause-and-effect diagrams, and interviews can help identify and assess project risks.

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Understanding and Managing Project Risks

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