What is the process for identifying new risks

Assignment Help Management Theories

Reference no: EM133673936

Question 1 - Please explain what quantitative and qualitative risk management techniques, tools and approaches you will use in risk identification process (ie. brainstorm, facilitated session, scan by Project Manager), Please also include discussion of quantitative and qualitative techniques and tools that you could use.

Question 2 - For Risk Monitoring, Please explain how you monitor risks in your project by answering the below questions.

- How frequently will you review the risk register?

- Who will be involved in the review?

- How often will risks be monitored to ensure appropriate action is taken, and would the likelihood or consequence change?

- What is the process for identifying new risks?

- What is the process for developing risk responses to new risks or change to risks?

- How will stakeholders be kept informed of risk and how often?

Reference no: EM133673936

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