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Using expert opinion and collective experience to unlock the secrets of the future.
Keys: There are numerous variables which will affect the project.
Keys:
The projects life is longer than the
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Keys:
Experts are available, and should debate the issues.
Using groups-
the group.
3. A final consensus of opinion forecast is
Prepare a note on Risk Identification & Evaluation Next Topic on Discussion - Risk Mitigation
Risk Mitigation A systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence. Also called risk reduction.