Question: PROJECT MANAGEMENT Use PMBOK 6th Edition NOTE: All question needs to be answered based on PMBOOK (Page No. should be mentioned against each section for

PROJECT MANAGEMENT Use PMBOK 6th Edition NOTE: All question needs to be answered based on PMBOOK (Page No. should be mentioned against each section for dearing concepts. 6. The management of risk involves the application organisational policies and procedures, industry standards as well as consultation with stakeholders. a. Explain in detail the methods you would use to identify project risks in a range of risk categories. (150 words) b. Explain in detail the key components of a risk management plan. (150 words) C. What are organisational and industry standard risk frameworks and industry sector risk classifications and how can these be related to different risk contexts? (150 words) d. What are quantitative and qualitative risk management techniques? Identify and describe their characteristics and appropriate applications. (150 words) 7. Explain the importance of the reviewing project outcomes, measuring performance against plans and developing lessons learned. (150 words)

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