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.
20,183,170 questions answered
Popular Conversations
MyPlate was created to __________.
3/30/2015 1:01:53 PM| 4 Answers
eukaryotes User: prokaryotes
Weegy: The answer is A. The origin of cell membranes, it cannot be any other listed. Anything else? User: Which kinds ...
3/30/2015 5:09:22 PM| 3 Answers
A good political speech, according to the lecture, is a ...
Weegy: b. long User: For political speeches, it is suggested that you tell the audience what the main message of the ...
3/30/2015 12:01:14 AM| 2 Answers
What is anxiety disorder?
3/30/2015 12:22:28 AM| 2 Answers
Solve for x. 4x – (6 – x) = 12 + 4x
Weegy: 4x+9=8 4x = 8 - 9 4x = -1 x = -1/4 User: Which expression is equivalent to –3x + 9? User: Solve for ...
3/30/2015 11:28:27 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
L
Points 543 [Total 1048]| Ratings 10| Comments 433| Invitations 1|Offline
S
P
C
L
P
L
1
P
Points 541 [Total 7848]| Ratings 8| Comments 461| Invitations 0|Offline
S
1
L
L
Points 486 [Total 7987]| Ratings 0| Comments 486| Invitations 0|Offline
S
L
Points 405 [Total 1527]| Ratings 2| Comments 385| Invitations 0|Offline
S
Points 235 [Total 235]| Ratings 2| Comments 215| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.