Answer these 6 question below in group project attached. Need done in a hour.

Section 9. Risk Management

9.1 Risk Management Approach

Describe the overall, high-level approach to risk management for the project. Summarize how risk management activities will be accomplished collectively. If formal risk management policies and procedures have been established at the organization or agency level, refer to the agency and/or organizational practices. In the description, include tailoring of any practices to accommodate specific project needs if applicable.

9.2 Risk Assessment

9.2.1 Risk Identification 

Based on project-specific methods, describe how risks are identified and organized in preparation for performing risk analysis, such as use of methods and techniques like brainstorming, interviews, and risk factor tables. A Risk Register or its equivalent is developed as part of this section.

9.2.2 Risk Analysis

Based on project-specific methods, describe how risks will be analyzed to establish the project exposure for each risk and to determine which risks are the most important ones to address. Describe scales for rating risks and risk threshold values.

  

Risk Analysis   Description 

 

Scales Description 

 

Risk Threshold Values Description

9.2.3 Risk Response Strategies

Based on project-specific methods, describe how risk response strategies are assigned for each risk. 

9.3. Risk Monitoring and Control

9.3.1 Risk Tracking

Based on project-specific methods, describe how risks will be continually tracked to ensure that effective risk management is performed, such as use of methods and techniques like risk checklists and watch lists. 

9.3.2 Risk Reporting

Based on project-specific methods, describe techniques to review and present the status of project risks, such as use of reports for examination of risk response strategies in a summarized (collection or risk items) or detailed (single risk item) manner.