Identify risks step of the risk management process

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Reference no: EM132208873

1. “Identify Risks” step of the risk management process identifies both knowable and unknowable risks. True or False

2. It may take great deal of time, staff, and money to do risk management plan for a project. Hence, management must decide its cost and benefits and scope (scale) up front. True or False

3. Lately, the top management’s attitude towards Project Manager Rick Scott’s ongoing Millennium Battery Development Project was souring and this created potential for severe funding and staff restrictions. This is an example of individual activity project risk. True or False.

Reference no: EM132208873

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