S.N	Questions / Sentences / Paragraphs to complete.	Solutions / Answers
1	List any 5 key elements that should be addressed for business risk management purposes.	1.
2	Provide an example of when you reviewed the strengths and weaknesses of existing arrangements.
3	Why is it important to document critical success factors, goals, and objectives?

5	What are the key elements that should be communicated torelevant stakeholders?
6	Identify the sources of information that can be used toresearch risks.
7	Explain the purpose of assessing the likelihood of risks.
8	List different options available for treating risks.
9	List the methods that are most commonly used in risk management process.

10	How do you assess the impact or consequence if risks occur in the risk management process?
11	What is the purpose of evaluating and prioritizing risks?
12	Develop an action plan for treating a specific riskin your organization.	Use extra sheet if needed.
13	Write some of main components of an effective risk management communication plan.