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Please answer to the following questions.
1. What are the benefits and drawbacks of using the various forms of risk identification mentioned in the chapter (e.g., brainstorming meetings, expert opinion, etc.)?
2. Give some examples of projects using each of the risk mitigation strategies (accept, minimize, share, or transfer). How successful were these strategies? In hindsight, would another approach have been better?
3. Explain the difference between managerial contingency and task contingency.
APA Style answering all questions, and include at least 3 reputable sources.
• 12-pt. Times New Roman font, Double-spaced and 1” margins on all pages.
• Please provide a title page including your Name, Course Number, Date of Submission, and Assignment name.
• Paraphrasing of content – Demonstrate that you understand the case by summarizing the case in your own words. Direct quotes should be used minimally.