Risk monitoring and control is the process of continuously assessing identified risks and implementing strategies to ensure
Question:
Risk monitoring and control is the process of continuously assessing identified risks and implementing strategies to ensure that desired project outcomes are achieved. This is done by regularly assessing the project environment for changes that could affect the project, as well as regularly evaluating the effectiveness of risks treatment strategies.
Individual(s) responsible for monitoring risks:
Frequency of risk audits:
Will you use auditors from the project team or outside of the project team?
How will new risks be identified?
How will outdated risks be removed?
Were the risk response strategies effective or not?
Management
ISBN: 9780730329534
6th Asia Pacific Edition
Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen