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$52S,490

TABLE 2-12 Risk Matrix

Task

Risk definition

Probability

Impact

Severity

Contingency plan

Build new plant

New plant cannot

25 percent

Major loss of

Showstopper

Conduct simulation

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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