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CAUTION!FAILING to follow a structured Project Risk Management process for your projects in a self-disciplined manner will quickly lead to project failure. Your Project Risk Management process should also consider and deal with the following: Risk or Opportunity?

With some projects, a level of residual risk may exist after the project has been completed, which will require continual monitoring and management.For example, the safe storage of non-recycled nuclear waste following decommissioning of a power station.

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