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Managing Project Risks for Competitive Advantage in Changing Business Environments

Risk management is a vital concern in any organization. In order to succeed in the competitive modern business environment, the decision-making process must be effectively governed and managed. Managing Project Risks for Competitive Advantage in Changing Business Environments presents critical discussions on effective risk management in projects and methods to ensure overall success in project outcomes. Highlighting theoretical foundations, innovative practices, and real-world applications, this book is a pivotal reference source for managers, practitioners, upper-level students, and other professionals interested in how to properly adopt project risk management systems and tools.

People only have some forecasts or historical similar project information after the preliminary feasibility study and people do not know what will happen in the future and what the results of the project are. People even do not know the ...