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EMC Associate Project Manager Interview Question

I interviewed in Bangalore (India) and was asked:
"How do you estimate the Cost and Risks in a Project?"
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Project risks are a fact of life that every project manager must deal with. “Project risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on at least one project objective, such as time, cost, scope or quality," as defined by the Project Management Institute’s A Guide to the Project Management Body of Knowledge – Third Edition. Managing project risk involves analyzing and prioritizing risks so that the project manager and the team can focus their mitigation effort on the top risks
- Charls Thankachan on Jun 11, 2012 Flag Response

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