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In the video, Michael T. Pich, one of the
textbook authors, recommends two approaches for uncertainty and subsequently
risks. As companies strive to remain in business, there are many economic,
social, and technological unknowns. As a project leader, determine how you
would explain Pich’s three classical approaches to your project team.
From the e-Activity, provide an example of a
project choosing selectionism and learning.
DISCUSSION 2
Reexamining the Circored Project from Chapter
2, explain the cost of Darwinian selectionism.
For this project, explain the benefit of the
contingency planning approach.
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