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QUESTION
Risk is inherent to all projects. With increasing market competition, technology and globalisation, risk management is continuously gaining wider acceptance and importance and has become a must for project success.
(a) Taking an example of your choice, elaborate on the four possible choices in allocating the risks of a project.
(b) Risk Financing refers to techniques that provide funding to the project. Name the three methods available, elaborate on these methods, including how the risk manager would tackle them. Give one of their advantages and disadvantages.
The objectives of assignment are to determine what best practices apply to project implementation and close out, and to apply your individual knowledge of the quantitative topics t
woody Develop a list of "Key Success Indicators" that could and should have been measured on completion. Rank them in order of priority for this project.
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