1. Describe different risk preferences and utility curves used by project managers?
NOTE: risk preferences is defined as one's tendency to choose a risky option. The tolerance for risk is demonstrated by each of the three graphs: risk averter; risk neutral; and risk seeker. Need a one page comparing these three graphs and indicating how the project manager uses them in risk management?© BrainMass Inc. brainmass.com February 24, 2021, 2:35 pm ad1c9bdddf