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Dissectin the Conce t of "Risk"
What Is Risk?
I start by dening risk as tne possi'bi'ti'ty of adverse events occurring at some
point in the future. It is a very broad denition, both conceptually and
operationally. It is a combination of old
Purpose & Importance
As manufacturing moves offshore, more and more companies find themselves with the prospect of having to
make money from projects: individualized, non-routine, one-time efforts limited by time and resources, and
defined by performance
MET AD 642
This course provides a systematic and thorough introduction to all aspects of project management. Projects are
an increasingly important aspect of modern business, so we begin with the relation between projects and the
Explain the difference between data, information, and knowledge
Explain the difference between explicit and tacit knowledge
Clearly define and delimit the concept of "risk"
Differentiate among the following:
Risk and Uncertainty
Upside and D
For the exclusive use of R. Tian, 2016.
CMR 420, 02/01/09
W i n t e r
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V o l . 5 1 ,
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R E P R I N T
S E R I E S
Innovation in Megaprojects:
Systems Integration at
London Heathrow Terminal 5