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.
25,630,171 questions answered
Popular Conversations
Which of these muscle cell types contracts the ...
Weegy: Cardiac muscle is one of three major types of muscle, the others being skeletal and smooth muscle. These three ...
6/26/2016 10:44:47 PM| 2 Answers
Soviet armies fighting Germany benefited from a. Polish aid. b. cold ...
Weegy: Erwin Rommel was a German field marshal of World War II. User: America officially entered WWII on ...
6/27/2016 8:36:33 AM| 2 Answers
Which of the following terms could be applied to the United States ...
Weegy: Free press could be applied to the U.S. during the Cold War. User: Which of the following technologies was ...
6/27/2016 10:20:16 AM| 2 Answers
Cardiovascular exercise causes your lungs to breathe less ...
Weegy: Cardiovascular exercise causes your lungs to breathe less often. FALSE. Breathing rate increases during ...
6/27/2016 10:41:00 AM| 2 Answers
Weegy Stuff
S
P
L
Points 900 [Total 1561] Ratings 2 Comments 880 Invitations 0 Offline
S
Points 344 [Total 705] Ratings 2 Comments 324 Invitations 0 Offline
S
L
P
P
P
Points 156 [Total 3699] Ratings 0 Comments 156 Invitations 0 Offline
S
Points 137 [Total 418] Ratings 0 Comments 137 Invitations 0 Offline
S
Points 127 [Total 179] Ratings 0 Comments 127 Invitations 0 Offline
S
P
1
Points 107 [Total 852] Ratings 3 Comments 57 Invitations 2 Offline
S
Points 76 [Total 151] Ratings 0 Comments 76 Invitations 0 Offline
S
L
Points 76 [Total 4196] Ratings 0 Comments 76 Invitations 0 Offline
S
Points 40 [Total 50] Ratings 1 Comments 30 Invitations 0 Offline
S
Points 32 [Total 139] Ratings 0 Comments 32 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.