PM 584 Phoenix Risk Treatment helps in Identifying the Residual Risks Please answer these questions in three different ways, each answer being 150 words or

PM 584 Phoenix Risk Treatment helps in Identifying the Residual Risks 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