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Managing risk in projects. Application guidelines Ingestion-build-183511 If a CO2-laser beam machine1 Scope This International Standard provides principles and generic guidelines on managing risk and uncertainty in projects. In particular it describes a systematic approach to managing risk in projects based on ISO 31000, Risk management Principles and guidelines. Guidance is provided on the principles for managing risk in projects, the framework and organizational requirements for implementing risk management and the process for conducting effective