Question and answer
describe actions to take in relation to identified risks
To answer this question one must know what the risks are and for what. Do you have the risks to ascertain what actions can be taken?
Expert answered|PinkMummy|Points 10|
Question
Asked 5/1/2012 2:04:09 PM
Updated 361 days ago|10/26/2013 2:20:12 AM
1 Answer/Comment
Get an answer
New answers
Rating
0
The actions that might take in relation to the identified risk are ;
1. Assign a likelihood and criticality/severity to the identified risk - these can be qualitative if you don't have any quantitative data - it also helps to have put some thought into when the risk might be realized (i.e. becomes and issue).
2. Prepare a Risk Mitigation Plan - steps you propose taking to prevent the risk from either being realized or resolving the issue once it arrives. Make sure you address cost, schedule, and technical approach in the plan.
3. Go to you management and get them to approve the plan.
4. Once approved - implement the plan.
Added 361 days ago|10/26/2013 2:20:12 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
17,932,982 questions answered
Popular Conversations
Manhattan Island is __________. A. the largest island in Canada B. ...
Weegy: the manhattan island is the most highly populated island in north america. letter D would be the best answer. ...
10/22/2014 8:51:05 AM| 9 Answers
what is micro
Weegy: A microorganism is a microscopic organism, which may be a single cell or multicellular organism. User: what ...
10/21/2014 7:38:45 PM| 3 Answers
Arabian glass, which authorities believe appeared in the second half ...
Weegy: Obsidian, which was used by early man to make arrowheads, is a naturally occurring glass. 'which was used by ...
10/22/2014 10:45:16 AM| 3 Answers
Solve the inequality. 2(4 + x) > 4(x + 4) A. x > 4 B. x > ...
Weegy: 2w + 3 > 14; 2w > 14 - 3; 2w > 11; w > 11/2 User: Solve the inequality. 5a + 12 6 B. a < 6 C. D.
10/21/2014 12:59:56 PM| 3 Answers
The type of life insurance often used as mortgage insurance is?
Weegy: The type of life insurance often used as mortgage insurance is: Decreasing term.
10/21/2014 1:58:43 PM| 3 Answers
What is volume?
10/22/2014 2:30:59 PM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2349 [Total 14724]| Ratings 0| Comments 2349| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1464 [Total 10945]| Ratings 3| Comments 1434| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 814 [Total 13043]| Ratings 0| Comments 814| Invitations 0|Offline
S
L
Points 498 [Total 1897]| Ratings 0| Comments 498| Invitations 0|Offline
S
1
L
L
Points 483 [Total 6277]| Ratings 3| Comments 453| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 393 [Total 394]| Ratings 6| Comments 333| Invitations 0|Offline
S
Points 227 [Total 227]| Ratings 1| Comments 217| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
Points 27 [Total 27]| Ratings 0| Comments 27| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.