Please answer the following questions (100 points) 1. Explain the steps in Risk Management Process. Why this process is important for any project? (30 points) 2. Based on the previous topics you worked on; for example Student summer event, Establishing the new hospital or "you want to open a restaurant, for people who have diabetes. Draw the Risk Breakdown Structure (RBS) for the project you selected. Explain briefly (1-2 sentences) each of the risks identified in the RBS. (30 points) 3. Based on risks identified in question 2, prepare the Risk Severity Table and the Risk Severity Matrix, using the templates provided below. (40 points) Open a restaurant for people with diabetes project: Risk $everity Table No. Risk Impact Likelihood Explanation Create the Risk Severity Matrix based on the data provided in the table above. Red zone (major risk) Yellow zone (moderate risk) Green zone (minor risk) Likelihood Answers