Identify loss exposures. Step 2:Measure and analyze the loss exposures.

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Using the steps in the risk management process that are outlined in chapter 3 create a risk management plan on redesigning a new bathroom. The risk management plan identifies the risks that can be defined at any stage of the project life cycle. It also evaluates risks and outlines mitigation actions. Steps in the Risk Management Process: Step 1:Identify loss exposures. Step 2:Measure and analyze the loss exposures. Step 3:Select the appropriate combination of techniques for treating the loss exposures. Step 4:Implement and monitor the risk management program. Criteria: Must include all the steps in the management process Double Spaced Times New Roman

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