Question 1 Identify 3 ( three) risk categories and describe potential project risks in those categories. 

Question 2 What are the key components of a risk management plan? 

Question 3 What are project risk controls? Provide an example of a relevant risk control in the construction industry. 

Question 4 Describe the most common types of risks and their classifications. 

Question 5 How do risk contexts affect risk management processes and procedures? Provide examples. 

Question 6 What does a risk management framework involve? 

Question 7 Describe a quantitative and a qualitative risk management technique / approach. 

Answer rating: 100% (QA)

Question 1 Three risk categories and potential project risks in those categories are Technical Risks Technology Failure The risk of technical systems or equipment malfunctioning or not performing as e... View the full answer