Answer to Question #192779 in Management for okanna

Question

develop a comprehensive risk register/profile that entails the following: Identified risks, causes, categories, risk response, probability of occurrence, impact as well as risk score for individual risks and finally project score.                                                                                                                    (10)

     

 

Answer 1

Risk Register is a document that contains the information about identified risks, results of Risk Analysis (impact, probability, effects), as well as Risk Response Plans. You also use the Risk Register to monitor and control risks during the whole project life cycle.