What is the purpose of the risk management plan

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What is the purpose of the risk management plan, and how does this plan help in managing project risks? Your response should be at least 200 words in length.

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As every project has some associated risks, this assignment formulates understanding of the concept of risk management strategies and how the process is undertaken in corporate and engineering workplaces. Importance of a risk management plan is highlighted in the assignment.

Reference no: EM131245147

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