https://www.youtube.com/watch?v=cdG6dWzMGKo

https://www.youtube.com/watch?v=vqWVaYRQ6tI&t=1s

https://youtu.be/TANEn5bfWas

https://youtu.be/atwqdcuULoM

Chapter 7 in Hills & Simon and viewed the four videos in this module. Your response to the first three elements should include information from at least one of Dr. Hillson's videos and the text.

Prompt 1: If you identify a risk that does not belong to you (or your functional or operational area), maybe you should pass this risk on to someone else. Dr. Hillson offers a specific term for this action. Identify the term and discuss.

Prompt 2: Dr. Hillson states we should develop and use a Priority Order strategy, including cost-effectiveness and Risk effectiveness. Discuss.

Prompt 3: Based on Dr. Hillson's video "Who should own the risk?" discuss the following question: Who should own the risk?

Prompt 4: Chapter 7 discusses the Risk Interview as a critical element of appropriate response planning. The Risk Interview Process has three steps: Preparing for risk interviews, conducting risk interviews, and post-interview actions. Utilize your Risk Register entry from the Module 5 Analysis Assignment to formulate your response.

a. Preparing for the risk interview.Based on Hillson (p. 95) and your Risk Register entry, what steps must you take to prepare for your interview with the risk owner?

b.Conducting the risk interview. Respond to each of the following requirements based on Hillson (pp. 96-99)

Select an appropriate response strategy

Identify possible action to implement that strategy

Assign Action Owners to each action

Assess post-response probability and impacts (How have they changed from your initial assessment)?

Identify secondary risks

c.Post-interview actions.Describe the action items you, as the Risk Champion, should take following the interview.