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What are the three types of project risk? Differentiate between three Stand-alone risk analysis techniques: 1) Sensitivity analysis 2) Scenario Analysis 3) Simulation. What are

What are the three types of project risk? Differentiate between three Stand-alone risk analysis techniques: 1) Sensitivity analysis 2) Scenario Analysis 3) Simulation. What are the advantages of each technique? Identify some different types of real options and differentiate among them.

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