cost vs. schedule risk | Human Resource Management homework help

is cost risk?
Cost risk. This is the risk that the project costs more than budgeted. Cost risk may lead to performance risk if cost overruns lead to reductions in scope or quality to try to stay within the baseline budget.Schedule risk is the likelihood of failing to meet schedule plans and the effect of that failure. … When creating a schedule, or when determining overall program risk, the Program Manager (PM) must assess the risk associated with the schedule.

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