Risk management is sequential process that leads to minimize the uncertainty for the project. It is a structured optimization process and problem-solving procedure in the project management environment. The following is a list of different activities. Based on your understanding develop a chart that show the relationship and logic flow of these activities related activities. Hint: your answer should be a CHART, not an essay Create Watch list Identify risk Evaluate using qualitative analysis Accept passively Create short list Evaluate using quantitative analysis Go back and perform iteration and update project documents Develop Develop Fallback contingency plans plan and reserves Reduce Document Probability or residual risks impact Identify residual and secondary risks Accept risk Avoid or exploit