Question: Decide which risk you will use for the contingency plan and use the other risk for identifying a secondary risk or residual risk. If you

Decide which risk you will use for the contingency plan and use the other risk for identifying a secondary risk or residual risk. If you need to increase or decrease the probability or add or reduce costs, include the reasoning in the risk response reason area.

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Identify the risks The first step is to identify the risks that could impact your project This could involve brainstorming with the project team reviewing historical data or conducting a risk assessme... View full answer

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