risk response planning

Please answer these questions in three different ways, each answer being 150 words or more:

• Is risk treatment an essential component of project management? Why or why not?
• Can risks with positive or negative consequences be advantageous? Provide an example.

Please answer the following questions in 150 words or more:

• Provide citation and reference to the material(s) you discuss. Describe what you found interesting regarding this topic, and why.
• Describe how you will apply that learning in your daily life, including your work life.
• Describe what may be unclear to you, and what you would like to learn