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• *The processes of conducting risk management planning, identification, analysis, response planning, and controlling risk on a project.
• Increase the likelihood and impact of positive events, and decrease the likelihood and impact of negative events in the project.
• The Risk Management processes are: ◦ Plan Risk Management ◦ Identify Risks ◦ Perform Qualitative Risk Analysis ◦ Perform Quantitative Risk Analysis ◦ Plan Risk Responses ◦ Control Risks Please refer to PMBOK® Guide Fifth Edition, figure-1, page. This provides an overview of Project Risk Management.
International trainer ENG . Hassan Shalaby
Thanks a lot for your invitation. Useful Information.
The processes in risk and safety management consist of various steps and procedures ranging from identification of the possible danger to establishing mitigation. Besides, the risk and safety management processes should follow the standard procedures as set out in the regulatory frameworks or institutions.
think you for invitation i agree your answer