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Project management1 explain different risk preferences and

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Project Management

1. Explain different risk preferences and utility curves used by project managers?

NOTE: risk preferences is defined as one's tendency to choose a risky option. The tolerance for risk is demonstrated by each of the three graphs: risk averter; risk neutral; and risk seeker. Need a one page comparing these three graphs and indicating how the project manager uses them in risk management?

Reference no: EM13364036

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