Week 3 Discussion 1 Top of Form “Project Initiation” Please respond to the following: · One of the most important aspects of managing risk for a project is to accurately define the size of the project. Determine the criteria that must be considered to perform the project sizing and create one additional factor with rationale. · Suppose the size of the project was not determined correctly and a large, complex project was defined as a medium project instead. Predict the outcome of the risk management process within this organization. Include examples (i.e., the incorrect schedule of the risk management review, incorrect schedule of quantitative assessments) to support your prediction.
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