So far in the class, we have reviewed or will look at in coming weeks several processes based on

the PMI$$

Body of Knowledge associated with Risk Management. Out of the seven $(7)$ processes

proposed by PMI$$

in the context of working in risk management, which one do you think is the

most important and why? Please elaborate to clearly explain and support your point of view.

b$.$ Risk identification is especially important during the planning process, but it should continue

throughout the life of a project. Please explain why this is crucial to a healthy project.

c$.$ Why is it often important to use graphical representations when communicating risks to

your stakeholders? What is the most common graphical representation used in risk

management?

d$.$ What are the benefits of highlighting both negative and positive risks for any project?

Why is it that too often people only focus on negative risks and do not consider positive risks?

$($Please provide examples, samples and clear references when you are doing the research on these

questions. The responses to these questions are to be researched and not based on your opinion alone. If

using assistance from AI such as ChatGPT, Bing Chat or any other such tool, please ensure that you do

not simply copy the content as your answer, you need to make IT YOUR OWN. Valid references and links

for your information are required and might be reviewed for clarity.$)$