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Risk Question

I got a question that said..

 

You understand the importance of identifying and document project risks. In this context, which of the following statement is true.

1 - Risk identification occurs in planning

2 - risk identification occurs during M&C

3 - Risk identification occur during Exec

4 - Risk identification occurs during different stage depending on the type of project

 

Ans : 1

 

I was wondering, I think I got other similar question and the answer was

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