Identify the type of project that manages the risks involved in it by setting cost limits,establishing an end date,and defining criteria for success.

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The type of project that manages risks involved by setting cost limits, establishing an end date, and defining criteria for success is an innovation project. Innovation projects are designed to introduce something new, which inherently carries risk, and thus require a risk management plan to mitigate potential negatives. Setting cost limits, establishing an end date, and defining criteria for success are standard risk management techniques for innovation projects. Maintenance and enhancement projects aim to improve existing systems, whereas mandatory projects are required by law or regulation and typically have predefined requirements.

Identify the Type of Project That Manages the Risks Involved