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 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 10/26/2013 2:20:12 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
18,069,012 questions answered
Popular Conversations
How would you rewrite the equation 2x + 4y + 2 = 3y + 5 in general ...
Weegy: FOIL (First Outside Inside Last) = 2x(2x) + 2x(-3y) + (-3y)(2x) + (-3y)(-3y) = 4x^2 + (-6xy) + (-6xy) + ...
10/30/2014 6:28:25 PM| 5 Answers
Solve the following equation. x + 6 = x + x 2 6 14 72 User: ...
Weegy: I'm sorry, do you have a question I can help you with today? User: Solve for A. BA + C = D A = D - B - C A ...
10/30/2014 9:06:00 AM| 3 Answers
What is the slope of the line that has the equation 4x + 2y = 12?
Weegy: The slope of the line that has the equation 4x + 2y = 12 is -2. User: What is the y-intercept of the line ...
10/30/2014 6:21:18 PM| 3 Answers
Prior to the Seventeenth Amendment, who chose the members of the US ...
Weegy: Prior to the Seventeenth Amendment, State legislatures chose the members of the US Senate. User: Prior to ...
10/30/2014 7:05:25 AM| 2 Answers
______________ means to enclose something tightly, such as is done ...
Weegy: Embedding means to enclose something tightly, such as is done with stones or tiles, and a filler, when creating ...
10/30/2014 7:30:45 AM| 2 Answers
In a plane, if two lines are perpendicular to the same line, then ...
Weegy: Two lines parallel to the same plane are parallel to each other. TRUE. User: Congruent triangles are any two ...
10/30/2014 8:12:29 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 3337 [Total 15712]| Ratings 0| Comments 3337| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 2232 [Total 11713]| Ratings 6| Comments 2172| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 1131 [Total 13360]| Ratings 1| Comments 1121| Invitations 0|Offline
S
L
Points 888 [Total 2287]| Ratings 0| Comments 888| Invitations 0|Offline
S
Points 716 [Total 717]| Ratings 7| Comments 646| Invitations 0|Online
S
1
L
L
Points 567 [Total 6361]| Ratings 3| Comments 537| Invitations 0|Offline
S
Points 506 [Total 506]| Ratings 1| Comments 496| Invitations 0|Offline
S
Points 483 [Total 483]| Ratings 0| Comments 453| Invitations 3|Offline
S
L
Points 79 [Total 1296]| Ratings 1| Comments 69| Invitations 0|Offline
S
1
Points 70 [Total 688]| Ratings 0| Comments 70| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.