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An organization is embarking on a multi-million-dollar project with numerous identified risks.

An organization is embarking on a multi-million-dollar project with numerous identified risks. What should the project risk team do to navigate the risks on this project?

A.

Go for a low-risk threshold of ±5% around a cost objective.

B.

Confirm stakeholders risk thresholds based on risk appetites.

C.

Conduct risk identification to populate the risk register.

D.

Go for a high-risk threshold of ±10% around a cost objective. 

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