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Risks are events outside our control that points out why an input/output activity might not be valid.
Assumptions are personal takes or beliefs without evidence
In developing our Logframe, we have to know that our input cannot perfectly give you an output without some little risks being not there. Its just about logic and reality. All logic cannot be reality without not bias.
But, we should not feel down as M & E experts when see see risks, but that we should see it as an avenue to develop more input, output, expand the outcome and even broaden the impact or narrow it down as the case may be.