ASSESSMENT TASK 1 - KNOWLEDGE ASSESSMENT Assessment task instructions: This is your first (1) assessment task which consists of 15 questions. You must complete all activities as specified to gain "Satisfactory" outcome. Purpose of the assessment task is to: To evaluate your knowledge essential to assist in applying risk management techniques and risk-analysis methods, techniques and tools, including: risk management strategies, plans and approaches risk-reporting mechanisms for projects collection methods for project risk records and other information according to organisational policies and procedures risk-contingency measures. Assessment conditions and resources: Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry and includes project management documentation for risk management and workplace risk management policies and procedures. Questions: 1.1. Describe the various methods and techniques used for risk analysis. (Guide: 40 words)