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Uncertainty Dimensions

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What is the difference between unfavorable and favorable uncertainties? Provide examples of each. (Minimum 200 words)

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Solution Summary

This solution finds the difference between unfavorable and favorable uncertainties by using three examples.

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Uncertainty Dimensions
During the assessment phase of a project, there are several risk or uncertainty dimensions that have to be considered. Among them are the following:
Uncertainty Sources
There may be many sources that affect project uncertainty but they can be categorized into five.
Uncertainty Outcomes
An undesirable ...

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