Describe the general processes that should be followed in managing risks throughout a project. Be sure to include the general sequence in which these processes are carried out.
Prepare a sample risk register for a project to put humans on Mars (four or five risks).
Prepare a probability versus impact matrix for your school’s Winter Club ski trip (at least four identifiable risks).
For one of the risks you have identified in question 2 or 3, describe how it could be avoided, transferred, mitigated,
What is the difference between qualitative and quantitative risk analysis? Which one is always done? Why is the other one not always done for every project?
