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Project Risk
Project risk involves the potential for unforeseen events or conditions to impact the project's timeline, performance, or budget negatively.
Project Complexity
A measure of the number of variables, uncertainties, and potential influences involved in a project, affecting its execution and outcome.
Positive Correlation
A statistical relationship where two variables move in the same direction, indicating that when one variable increases, the other one also increases, and vice versa.
Risk Mitigation Plan
A strategic approach to identifying, analyzing, and responding to project risks to minimize their impact.
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