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Which process involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project

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Answer: Controlling risk

Step-by-step explanation:

A risk event is an uncertain event or occurrence that can affect the achievement of the objectives of a project.

Controlling risk involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.

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