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Project risk management

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What are the basic steps in the project risk management process? List a minimum of 5, (there are 6), and provide a detailed description/discussion of each.

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Project risk management process
What are the basic steps in the project risk management process? List a minimum of 5, (there are 6), and provide a detailed description/discussion of each.

The first step in he risk management process is risk identification. This is an essential step. There is a need for identification assessment. This included listing resources at risk and the threats to those resources that may modify risks. This is risk charting, There are other method of risk identification including taxonomy based risk identification, common risk checking in many industries, and scenario based risk identification. The firm chooses a method ...

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