Q1.

1.1Explain the project risks associated with five (5) common categories of risks

1.2How can we identify risks in project management?

Q2.

Explain the five (5) key components of a risk management plan

Q3.

Discuss the relevant project risk controls you would implement to mitigate the risks given in column 1 of the table.

Risk	Relevant risk controls
Budget changes
Communication risks
Unclear client requirements
Poor scheduling

Q4.

4.1What are the various classifications of risks in industry sectors?

4.2 What is the purpose of determining a risk context? What are the different types of risk contexts?

Q5.

Explain the organisational and industry standard risk management frameworks

Q6.

6.1 Explain the term project risk management and its significance in project management

6.2 What are the various processes and procedures involved in project risk management?

Q7.

7.1. Explain the seven (7) differences between quantitative and qualitative risk management techniques

7.2. Explain the following three (3) qualitative risk management techniques

1. Delphi Technique
2. SWIFT Analysis
3. Bow-tie Analysis

7.3. Explain the applications of qualitative and quantitative risk management techniques