12.6 Exercise The Risk Management Process There may be many questions about the process of risk management on the exam. The following exercise tests if you understand what you have read. In your Exercise Notebook draw seven columns with headings of the seven processes. Your table can be organized like the following table. Then recreate the risk management process, including the outputs. Check your answers against our answers when you are done. You may need to repeat this after you have iterated your risk study process. Three attempts usually ensures you know the process well enough for the exam.

Perform Perform Implement Plan Risk Qualitative Quantitative Plan Risk Risk Management Identify Risks Risk Analysis Risk Analysis Actions Responses Responses Monitor Risks Outputs