Question: Describe your responsibilities for ensuring that risks are monitored and controlled, and list some of the tools you might use to conduct these activities. You

Describe your responsibilities for ensuring that risks are monitored and controlled, and list some of the tools you might use to conduct these activities.

You will need to address each one of the following points:

  • Outline your role as part of managing the project risk including responsibilities, delegation and key accountabilities.
  • Outline how you will (or did) detail the stakeholder's priorities and concerns regarding project risks.
  • Outline your human resourcing plan for managing the project risk, identifying gaps and detailing how you will initiate hiring or re-allocation of human resources as needed.
  • Outline your choice of qualitative risk analysis tools or techniques. What documentation will you use to record this information?
  • Outline how you will prioritise the risks giving reasons for each one. This should include risks which present as opportunities.
  • Outline the process to be used within your team to undertake and document a risk audit.

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