BSBPMG536 - Manage project risk

Question 1: Write down the key steps involved in a risk management process.

Question 2: Outline some of the project objectives for which you are attempting to assess risk.

Question 3:What is meant by risk context?

Question 4: Listsome examples of risk categories.

Question 5:Outline seven (7) risk-identification methods.

Question 6:What is meant by likelihood?

Question 7: List the key items to beincluded in a risk management framework.

Question 8:Discuss the key things required to conduct an effective quantitative risk analysis.

Question 9: How can youdetermine risk consequences?

Question 10: List the main things to consider when conducting a risk evaluation.

Question 11: What is a risk register?

Question 12: What is meant by hierarchy of control?

Question 13: List some examples of risk controls.

Question 14: List different options for treating risks.

Question 15: What is meant by cost-benefit analysis?

Question 16: What is a risk treatment plan?

Question 17: What are then key things to consider in implementation of a risk treatment plan?

Question 18: How can you monitor the effectiveness of risk treatment options/control measures?

Question 19: Explain the main steps involved to conduct a SWOT analysis?

Question 20: What three steps can help you to decide which risk response option is best for you?

Question 21: Discuss some of the steps that can be used to analyse and evaluate risk management plan.

Question 22: What are the key things to include when documenting a risk management plan?