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INTRODUCTION
OBJECTIVES
Risk Management is the process of identifying,
analysing and responding to risk factors
throughout the life of a project and in the best
interests of its objectives.
Proper risk management implies control of
possible future events and is proactive rather than
reactive
Forecast and plan for mitigation of known risk
Develop Risk response strategies for dealing with
unexpected
Perform Qualitative and quantitative risk analysis
To prepare methodology cope with future
occurrence
To prepare risk response and contingency plans
Monitor and control risk throughout the project
life cycle
To prepare risk register and make use further
same type of project
Plan Risk
Management
Identify Risks
Perform
Qualitative
Risk Analysis
Perform
Quantitative
Risk Analysis
CASE STUDY
SCOPE
Plan Risk
Responses
Monitor and
Control Risks
5.
1.
4.