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In project management, risk management is the practice of identifying, evaluating, and preventing or mitigating risks to a project that have the potential to impact

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In project management, risk management is the practice of identifying, evaluating, and preventing or mitigating risks to a project that have the potential to impact the desired outcomes. To effectively manage risk, project managers must have a clear understanding of their objectives so they can identify any possible barriers that could impact the team's ability to produce results [ CITATION OCo20\\1 1033 ]. Risk management addresses the fact that certain events or conditions whether expected or unforeseeable during the planning process may occur with impacts on portfolio, program, and project objectives. These impacts can be positive or negative and may case deviation from the intended objectives. Risk management processes allow for proactively planning to capture opportunities and limits threats [ CITATION The22 \\1 1033 ]

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