Understand that the purpose of project risk management is to be prepared for upcoming project activities and for their related risks
Understand that the well-functioning risk management is an efficient tool for avoidance of later problems and preservation of financial risk reservations
Know that it is not important how the risks are registered or simulated; the main point is to plan the mitigation actions for the identified critical risks, control that the agreed actions are timely executed and continuously search for new potential risks
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