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Create updates to risk response pla Create a revised project pla Perform risk response audit Perform updated risk identification and analysi
variance analysis trend analysis risk reassessment reserve analysis
referent expert legitimate reward
Create updates to risk response plan Create a revised project plan Perform risk response audits Perform updated risk identification and analysis
unidentifiable risk unmanageable risk secondary risk residual risk
referent expert legitimate reward
referent expert legitimate reward
inappropriate risk management because it is having a direct impact on your project scope risk avoidance risk mitigation risk transfer
commands words remarks Comments
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inappropriate risk management because it is having a direct impact on your project scope risk avoidance risk mitigation risk transfer
risk management plan risk database project plan risk register
risk avoidance risk transfer active risk acceptance improper risk planning since all risks should be identified and accounted for
taken to taken on taken out taken up
Analyze the effect of risk events and assign a numerical rating to those risk Create a list of identified risk Determine the fundamental conditions or events that may give rise to identified risk(root causes of ri Note down the list of potential responses to the risk
accept the risk perform additional risk response planning to control the risk inform the project sponsor use project contingency
mention to your sponsor that since you are an expert in risk management, there is no need to do qualitative risk management and the team can directly go to quantitative risk management phasThis will also save time since your project is behind schedule agree with your sponsor that not doing qualitative risk analysis may mean some risks will remain unidentified and increase the probability of failure in your project mention to the sponsor that usually in your past experience,qualitative risk analysis was a waste of time and not recommended for this project mention to the sponsor that this is a type of project where qualitative risk analysis is not requireSpecific categories of projects do not need qualitative risk analysis
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informing the client at the start of the project of the types of reports they will receive using risk management techniques to identify client issues hiring an expert report writer to prepare standard reports engaging in communications planning