In the Planning Phase of the project a Risk Event is a Potential Problem that might materialize in the future and in the Executing, Monitoring and Controlling Phase a Problem or Issue is a Risk Event that has materialized. For this Written Assignment please analyze and discuss "What are Known Knowns, Known Unkowns and Unkowns Unkowns? and how do they effect both the Planning Phase and the Executing, Monitoring and Controlling Phase?"