Explain the various techniques used for measurement of project risk.

Measuring project risk is a critical aspect of capital investment and financing decisions. Understanding and quantifying the potential risks associated with a project is essential for investors, managers, and other stakeholders to make informed decisions. Several techniques are employed to measure project risk, providing a comprehensive assessment of the uncertainties and challenges that may impact the success of an investment. Below are some commonly used techniques for measuring project risk:

1. Sensitivity Analysis:
   - Definition: Sensitivity analysis involves assessing how changes in input variables affect the project's outcomes.
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