Explain the important characteristics of risk management

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Reference no: EM131119146

You are a procurement manager for a company that manufactures and assembles construction equipment. Your supervisor has asked you to develop a new strategy for risk management and procurement management that will offer a competitive advantage in the marketplace.

Based on the aforementioned scenario:

Explain the important characteristics of risk management and procurement management that you will apply.

Develop a project risk management plan as well as a project procurement management plan.

Reference no: EM131119146

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