Developing a systematic risk management approach, Risk Management

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Developing a systematic risk management approach

Assignment:

Project Risk Analysis and Management (PRAM) is an integrated approach or methodology Using the Beijing EAPS Consulting case study, please answer the following:

a. What are the advantages of developing and using a systematic risk management approach such as the PRAM methodology for this firm?

b. What might you perceive any disadvantages of this approach?

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