Qualitative Risk Analysis Flashcards
1
Q
Step 1
A
Risk Management plan
simple document that outlines
how risks will be managed through the course of the project
2
Q
Step 2
A
Risk register
risk register is central to capturing and maintaining the information
required to identify, assess, respond, and control your risks.
Risk registers are commonly spreadsheets set up to track and assess risks.
3
Q
Step 3
A
Risk Assessment, in which potential risks are identified
and then assessed for their potential impact on the project.
4
Q
Step 4
A
develop your strategies to
manage individual risks based on the assessment.
Commonly, these strategies are: Avoid, Transfer, Mitigate, or Accept.
5
Q
Step 5
A
monitor and control risks.