$1.$ The$$chances$$of$$risk$$events$$occurring$$and$$their$$respective$$costs$$increasing$$change$$over$$the$$

project$$life$$cycle$.$

$1\mathrm{.}1.$ Describe$$this$$phenomenon$$as$$described$$in$$class$2$ points

$1\mathrm{.}2.$What$$is$$the$$significance$$of$$this$$to$$the$$project$$manager$?(3$points

$2.$ Given$$an$$equal$$level$$of$$risk$$and$$the$$need$$to$$reduce$$overall$$project$$duration$,$why$$would$$you$$

not$$select$$the$$activity$$with$$the$$lowest$$slope$$in$$the$$entire$$project$$network$$to$$crash$$first$?(3)$ points