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Diana Is the Project Manager of the QPS Project for Her

question 272

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Diana is the project manager of the QPS project for her company. In this project Diana and the project team have identified a pure risk. Diana and the project team decided, along with the key stakeholders, to remove the pure risk from the project by changing the project plan altogether. What is a pure risk?

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Definitions:

ITQs

Individual Transferable Quotas, a system of allocating and managing resources or rights, typically used in fisheries management.

Sockeye Salmon

A species of salmon found in the North Pacific Ocean, highly valued for its rich, red flesh.

Market Price

The current price at which a good or service can be bought or sold.

Market Price

The selling price of goods or services at which buyers and sellers agree to transact.

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