The six in sequential order risk management processes are
plan risk management
Identify risk
Perform qualitative risk analysis
perform quantitative risk analysis
Plan risk response
Control risk
The risk assessement is made by performing qualitative and quantitative. Most people get confused in qualitative and quantitative so better to stick with qualitative and which fulfil the requirements. Qualitative is subjective evaluation and rate is given to risk like probability and impact. Always update risk rigister.
Risk contorl fall in monitoring and control process group and mainly related to experience and make sure that risk procedure is properly being followed.
