The expansion of enterprises relies on the implementation of effective projects. However, the strategies are bound to face multiple uncertainties which may hinder their success. The source of any given threat may be one or more factors. Consequently, the impacts may be single or a collection of threats. Therefore, project risk management enables the project managers to identify, analyze and mitigate any possible exposures to the policies. Nevertheless, if the risks are beneficial, the manager can ensure maximum benefits from the incident.  

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