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?