Identify the top five risks for the following project. Explain the risk in detail. How will you monitor the risk? The Global Sales Reporting System Users will be global. Training plan complex Data from all businesses not consistent cutting edge technology. development will be done by a 3rd party vendor. will save 1m per year. Answer the following questions 1. The two primary components of a risk are: A. The event and the probability B. The probability and the impact C. The impact and the event D. The impact and the amount at stake 2. Risk constitutes a lack of knowledge _____. A. Of future events B. About the environment C. About the estimates D. About the customers requirements 3. Which of the following is not included in risk management? A. Risk planning B. Risk Assessment C. Risk handling D. All above are part of risk management 4. Proper risk management is reactive rather than proactive. A. True B. False