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    Managing Risks

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    Discuss and explain how the risk management of a large project is different from a small project. Explain why the approach must be customized for a large project.

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    Larger projects tend to be more complex and contain more components, which requires a lot more detailed planning and preparation. Larger companies also tend to have a lot more funding available to spend on planning and resources to make sure that a project is executed properly. Larger projects will also probably have a much larger ...

    Solution Summary

    This excerpt discusses why risk management is taken more seriously on some projects than others. Larger and smaller projects are examined.