●(71)assesses the priority of identified risks using their probability of occurring, the corresponding impact on project objectives if the risks do occur, as well as other factors such as the time frame. and risk tolerance of the project constraints of cost, schedule, scope, and quality.(71)
setting redundant components in subsystem to handle with the risks brought by the defaults of original components,what kind of risk response strategy is this?()
The ()process ascertains which risks have the potential of affecting the project and documenting the risks' characteristics.
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