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This book provides insights on risk management
and overviews of the varying risk management
standards, frameworks and guidelines. It advocates
the theoretical background to the concept of risk and
uncertainty and their recent development. Additionally,
this book critically appraises the contentious issues
relating to risk and uncertainty, discusses on the various
approaches available relating to risk and uncertainty in
the management of projects. On top of that, it presents
current understanding of the relationships between
uncertainty, risk and opportunity for which it is found
to be lacking in various industries. It dissected the three
domains and later provided an improved understanding
of these domains. This continues with the current
practice of managing risks in the realm of project and
presented a comprehensive process framework to
manage project risks across all industries.

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