1.State the importance of identifying risks and categorizing them as high, medium, or low probability. Explain why risks associated with the critical path of the project need special attention. 2. A financial analysis affects management decisions. Cos

HA499 Unit 7: Financial Analysis and Risk – DiscussionTopic: Identifying Risk and CBAAnswer this questions below:State the importance of identifying risks and categorizing them as high, medium, or low probability. Explain why risks associated with the critical path of the project need special attention.A financial analysis affects management decisions. Cost-benefit analysis (CBA) is a rational choice framework for identifying the best or most profitable option a decision maker can undertake. Given this information, how do you measure the net benefit of a project?Pease this paper should be 350- 400 words, strictly on topics, original, and well-detailed with 2-3 scholar APA references. No  repeatation or grammer error. Read and follow all instructions and answer all questions accordingly.