Minimum of 800 words covering all the below question with in-text citations and references and make sure no plagiarism
Risk in the Project Environment
- When looking at risks in the project environment, why are we concerned with the impact and probability of a potential risk event?
- How could you sort through a long list of risks in a project so that focus is placed on the most important one(s)?
- When is the best time to assess potential risks in a project AND at what frequency?
- When is risk generally highest in a project – why?