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Risks Management Plan (Project Management Institute, 2017, pp. 409-449. Project Management Institute, 2021, pp. 122-127). Identify events that may or may not happen on the
Risks Management Plan (Project Management Institute, 2017, pp. 409-449. Project Management Institute, 2021, pp. 122-127). Identify events that may or may not happen on the project. Divide this section into the following subsections i. Number One Risk Priority: Identify the most important risk. Explain why it is the most important risk. ii. Contingency Fund and Managerial Reserve: Determine the amount you will allocate to the Fund and the Reserve. Describe the method you used to calculate the allocations. iii. Risk Registry: Provide a risk registry table that includes the following columns, task WBS number, risk number, risk description, likelihood of occurrence (high, medium, low), impact (high, medium, low), strategy (escalate, avoid, etcetera)
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