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2. Discuss briefly the steps of Risk Management. 3. Define the following concepts briefly: o Risk Tolerance o Delphi Technique o Ishikawa diagram o Risk

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2. Discuss briefly the steps of Risk Management. 3. Define the following concepts briefly: o Risk Tolerance o Delphi Technique o Ishikawa diagram o Risk Register o Probability and impact matrix o Decision tree analysis 4. What are the strategies you adopt to manage negative and positive risks

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