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You are the Project Manager of a research and development (R&D) project. After performing the qualitative risk analysis, your project team, sponsors and important stakeholders

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You are the Project Manager of a research and development (R&D) project. After performing the qualitative risk analysis, your project team, sponsors and important stakeholders are not satisfied with the qualitative risk analysis in your risk register. They claim that qualitative analysis lacks of accuracy and confidence. With examples, illustrate the processes in improvising your risk register. [20 Marks] [CO1, PO1, C3]

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