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When planning a project, risk must always be identified and managed. Risk affects the probability and consequence of not meeting the project's objectives. The four primary types of risk in a project are: strategic fit, new service or product and the unforeseen design consequences that can occur, the ability to meet the project specifications, and poor design, communication, and planning.
For this discussion, research and discuss a real-life project (this can be a personal example or a researched example) and discuss how risk was or was not managed properly as well as the steps that should be taken when identifying and managing risk in a project.
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Select a civil case in which punitive damages were awarded. Discuss the basis for awarding punitive damages and were those met in the case you analyzed. What should the criteria for awarding punitive damages be?
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Select a company and research their annual report. Summarize two or three of the company's long-term objectives. Explain how each long-term objective
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