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Why managing a portfolio of projects, you should consider the risks surrounding the portfolio as a whole, rather than just focusing on the risks of each of the projects separately.  

How does emotional discipline in managing risk apply to managing project portfolio risks?

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Solution Preview

Risks surrounding the portfolio as a whole covers the diversification aspect of the investment. When an investor invests in several projects, he/she tries to diversify the portfolio in order to minimize the risks. Therefore, focusing on a whole portfolio instead of single project provides a broader scope and accurate analysis of the risk. The process is a part of portfolio 

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