1. What are the six project risk management processes? Explain each. 2. What is risk register? Why is it important? Why do we call it a living document? 3. What is the difference between an internal and external risk? Give an example of each. 4. What is the difference between qualitative and quantitative risk analysis? 5. Define and discuss the four major risk strategies. 6. What is the difference between a management reserve and a contingency reserve? 7. Think of a risk in the People Category in an IT project. Go through the different steps of Risk Management process and provide details about how each step will be done and also provide the risk register for this specific risk.