4. What is the Concurrent Engineering Approach and why should project managers be aware of it? 5.Given an equal level of risk and the need to reduce overall project duration, why would you not select the activity with the lowest slope in the entire project network to crash first? 6.There are positive risks and negative risk in your project. Positive risks are those things that can have a positive outcome and provide a previously unseen opportunity. Negative risks are those things that can have a negative outcome and are a threat to successful project completions. What are the ways that you would respond to the uncertainty of risk and how would you manage positive risks different than negative risks? Please describe these approaches. The project is to sponsor an open house for low income families and the homeless for medical assistance and food assistance for 300 peoples. Professor speakers and food will be served.