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[] This chapter was updated by Dr. Edmund H. Conrow, CMC, CPCM, CRM, PMP. Dr. Conrow has extensive experience in developing and implementing risk management on a wide variety of projects. He is a management and technical consultant who is the author of Effective Risk Management: Some Keys to Success, 2nd ed. (Reston, VA: American Institute of Aeronautics and Astronautics, 2003). He can be reached at (310) 374-7975 and www.risk-services.com.