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QUESTION 1: (16 marks) Are the following statements true or false, please justify your answer in details? Uncertainty is the potential risks in any project.

QUESTION 1: (16 marks)

Are the following statements true or false, please justify your answer in details?

  1. Uncertainty is the potential risks in any project. (4 marks)
  2. Structure all uncertainty phase is not mandatory in all types of projects. (4 marks)
  3. Project Risk Managers consider assigning an ownership to every source of uncertainty is an easy task? (4 marks)
  4. Opportunities in projects cannot be missed if we have an efficient project Risk Management function? (4 marks)

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