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Which of the following situational factors has a significant effect on risk attitude?
The number of external stakeholders and the potential for indirect consequence. A wide range of factors influences risk attitude. These include the scale of the project within the range of stakeholders' overall activities, the strength of public commitments made about the performance of the project, and the stakeholders' sensitivity to issues such as environmental impacts, industrial relations, and other factors. Stakeholder risk attitudes usually result in a desire for increased certainty in project outcomes, and may express a preference for one project objective over another.
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