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When is someone most likely to use the halo effect
Total Risk
The complete range of possible risks that can affect a project, investment, or venture, encompassing both known and unknown factors.
Risk Response Plan
A strategic outline detailing the steps to be taken to address specific risks identified during the risk management process.
Initiation Phase
The first phase of a project lifecycle, focusing on defining the project at a broad level, including its purpose, scope, and objectives.
Potential Benefit
A prospective advantage or positive outcome that may arise from a particular action or decision.
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