Honestly, I think the correct answer is 'all of the above'. Project management is just one big rollercoaster of risk and uncertainty, from start to finish!
Hah, 'post project evaluation'? That's just the phase where we pat ourselves on the back and pretend we knew what we were doing the whole time. Conceptual phase all the way!
Hmm, I'd say the execution phase is where the real risk and uncertainty come into play. That's when Murphy's Law kicks in, and everything that can go wrong, will go wrong.
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