Step 1 in the risk management process is:  A. Understand the risk  B. Identify the risk  C. Analyse the risk  D. Rank the risk

The second stage of risk management is:  A. Establish the context  B. Analyse risks  C. Identify risks  D. Evaluate risks

Mention two Inputs, Tools & Techniques, and the Outputs of each of these processes involved in risk management:Identify RisksImplement Risk Responses

Which of the following is a step in the risk management process?Question 14Select one:a.Risk identificationb.Risk celebrationc.Risk amplificationd.Risk ignorance

Risk Management entails all the processes involved in identifying, assessing, analyzing, responding and controlling project risk.Question 1Answera.yesb.agreec.nod.disagree

During which phase of the risk management life cycle do you use the information you have gained about the likelihood and potential impact of risks to prioritize risks?1 pointMonitor and control the risk. Treat the risk. Analyze the risk. Identify the risk. Evaluate the risk.