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The European Association for Project Management has developed an integrated program of risk management based on efforts to extend risk management to cover a project's entire life cycle. This program is known as:

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Answer:

Project Risk Analysis and Management (Defined)

Explanation

Project Risk Analysis and Management is the process and programming which enables to point out, analyze and mange all the risks which are related and linked to the the project that is being under review. The process of careful analysis (PRAM) will  be helpful in completing the project successfully on time and will be cost effective as well.  

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