Reference no: EM132403427
Task - Written Questions
Question 1- What is stakeholder analysis?
Question 2- (a) What is PESTEL analysis?
(b) Why is it important to risk management?
Question 3- Why is it important to communicate with relevant stakeholders to identify and assess risks?
Question 4- Why is it important to develop and implement an action plan to treat risks?
Question 5- Give a few steps to monitor and evaluate the action plan and risk management process.
Question 6- Why it is critical to maintain documentation?
Question 7- Describe the importance of policies, procedures and processes for risk management.
Question 8- Outline the process to review strengths and weaknesses of existing arrangements.
Question 9- What are critical success factors?
Question 10- (a) What is a probability and impact matrix?
(b) How is it used?