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Below is a classmate's discussion post please respond by giving feedback in about one to two paragraphs.

1. As the person who identifies this new risk, what steps do you think you should take to get it managed?

I would start by reviewing the response to the prior risk to see if there is a correlation between that and where this risk became known; then reviewing the risk register with the responses while planning the response to the risk just identified. I would ensure to note the new risk in the register along with the response with notes on if it effects or delays the outcome of the project or timeline. An analysis of this new risk should be conducted using quantitative and qualitative analysis.

2. Select an outcome from Section 2.8.7 Checking Results of the PMBOK Guide (seventh edition) and expand on how the check method could help with monitoring risks.

An awareness of the interdependence of multiple variables on the project.

An example of this would be building or construction, if the weather does not cooperate on the start date to break ground, and the project manager has already scheduled delivery of building items, such as lumber and drywall, or concrete truck, this would result in a delay in the project and meeting predetermined milestones.

Actions to address complexity, ambiguity, and volatility are appropriate for the project.

When planning a new construction project, it is important to have some flexibility at the front of the project when breaking ground takes place in case the weather is not cooperating and it is raining on that day, there is some wiggle room to start. If there is no weather issue, then the project will move ahead as planned.

This can occur if a vendor cannot fill a special order in time, there would be an alternative vendor to reach out to that has already been secured to address this risk and not delay the completion or milestone of the project.