. You and a colleague are discussing the topic of risk mitigants

(a)Your colleague remarks that "whether or not a measure is a risk mitigant as opposed to an example of risk management can come down to timing". Briefly explain why your colleague's statement is correct

(b)Of the following three types of contractual provision - liquidated damages clause, change of scope clause, dispute resolution clause - identify the two that are risk mitigants. Then, briefly explain the reason you did not name the third