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Lesson
10

Project opportunity

Project opportunity is a stochastic event with a positive empact on the project success. Project opportunity can be also an early recognized and correctly managed project risk.

Lesson
5

Risk deduction

Risk deduction is the the sum of the expected values of the risks for the given variant of the project realization (Provided that all variants are independent and can arise all together).

Lesson
5

Risk management

At any level, project managers and teams need be on a constant lookout for potential risks and plan to avoid or mitigate the impact of these risks, altogether. The common problem is the ignoration of the project opportunities.

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