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Risk Management in Construction Projects

In today’s post-crisis economy effective risk management is a critical component of any winning management strategy. Risk management is one of the nine knowledge areas propagated by the Project Management Institute (PMI). The PMBOK® Guide recognises nine knowledge areas typical of almost all projects. The nine knowledge areas are [4]: 1.

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  Critical, Project, Management, Risks, Effective, Construction, Risk management, Risk management in construction projects, Effective risk management

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