Ask Question
BusinessBusiness
20 March, 03:27

In order to minimize project risks, which step comes after the step of identifying risks?

+4
Answers (1)
  1. 20 March, 03:55
    0
    Analyze the risk

    Explanation:

    Risk management project risk has the following steps to minimize the risks -

    a) Identifying the risks;

    b) Analyzing the risks;

    c) Evaluating the risks;

    d) Treating the risks;

    e) Monitoring and reviewing the risks.

    Therefore, after identifying the risks, project managers analyze the risk to reduce the risks of the project. Analyzing the risks include recognizing the nature of the risk and difficulties faced by the risk to perform the project.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In order to minimize project risks, which step comes after the step of identifying risks? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
If the contract does not indicate where the goods will be delivered, then the place of delivery will be one of the following: a) the; b) the seller's, if the seller has no business location;
Answers (1)
Sharon, an HR manager, is considering methods of job analysis to introduce at her organization in order to improve the process of writing job descriptions. One option she is considering is the Position Analysis Questionnaire (PAQ).
Answers (1)
Yardise looked at where her time goes and realized about 30% of her time is spent on maintenance, 30% of her time is discretionary, and 40% of her time is committed.
Answers (1)
Liu Sales has two store locations. Sanford has fixed costs of $285,000 per month and a contribution margin ratio of 30%. Orlando has fixed costs of $540,000 per month and a contribution margin ratio of 70%.
Answers (1)
Marginal Utility is the satisfaction or usefulness obtained from acquiring one more unit of a product. options: a. True b. False
Answers (2)
New Questions in Business
Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $130,000 7-years from now. How much must Carol deposit to accomplish her goal?
Answers (1)
At the end of 2016, Nash's Trading Post, LLC has accounts receivable of $635,600 and an allowance for doubtful accounts of $23,140. On January 24, 2017, it is learned that the company's receivable from Madonna Inc.
Answers (1)
United Birdseed is expected to pay the following dividends over the next three years: After year 3, dividends are expected to grow by 5% per year forever. The expected/required return on United Birdseed stock is 10%. What is the stock price?
Answers (1)
Halestorm Corporation's common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. What is the company's cost of equity capita?
Answers (1)
A monopoly creates a deadweight loss to society because it produces less output than the socially efficient level. a. true b. false
Answers (1)
Home » Business » In order to minimize project risks, which step comes after the step of identifying risks?
Sign Up Forgot Password?