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PMI Risk Management Professional · PMI
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- Risk management frameworks should be tailored to fit the specific context of each project. Factors like project size, complexity, strategic importance, risk exposure, and organizational culture influence how the framework is applied. All projects need some level of risk management, but the rigor and formality should be appropriate to the project. Skipping risk management for small projects or only applying frameworks to high-risk projects would leave gaps in risk coverage.