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Project Risk Management: Essential Methods for Project Teams and Decision Makers by Yuri Raydugin

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PART ONE

Fundamental Uncertainty of a Project Outcome

IN WORDS ATTRIBUTED TO Abraham Lincoln, Peter Drucker, Steve Jobs, and several other prominent individuals, the best way to predict the future is to create it. Project development could be understood as an activity to predict future project outcome through creating it. The role of risk management is to ensure a certain level of confidence in what is supposed to get created as a result.

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