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Risk management should be incorporated into every project in order to absorb, minimize, or eliminate events that could impact your budget and timeline. As stated

Risk management should be incorporated into every project in order to absorb, minimize, or eliminate events that could impact your budget and timeline. As stated in the PMBOK, the purpose of risk monitoring is to determine whether 


a. Risk responses have been implemented as planned 


b. Project assumptions are still valid


c. A risk trigger has occurred


d. All of the above



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