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.
19,260,042 questions answered
Popular Conversations
Which of the following sentences is written in the passive voice? ...
Weegy: The sentence with the active voice is: The chairman told me that the legislature passed the bill. User: ...
1/31/2015 11:17:44 AM| 2 Answers
How long was George Washington a president?
Weegy: George Washington (February 22, 1732 [O.S. February 11, 1731] ? December 14, 1799) was the first President of ...
1/31/2015 1:03:26 AM| 1 Answers
Weegy Stuff
S
L
P
L
P
Points 36 [Total 6811]| Ratings 0| Comments 36| Invitations 0|Offline
S
1
L
L
Points 21 [Total 7087]| Ratings 1| Comments 11| Invitations 0|Online
S
L
Points 1 [Total 2122]| Ratings 0| Comments 1| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.