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  • Hello,

    When we conduct a risk management meeting give an wide array of risk that can detail a project,identifying key risks and developing plans for preventing then or mitigating their adverse effects.Risk management consists of three steps:
    1. conducting a risk audit : To conduct a risk audit, take stock of all the things that could go wrong with your project. Collect ideas widely , Identify internal risks , identify external risk.
    2. Take action to avoid or minimize risk you’ve identified : Look at the risks that represent the wrong thins that could go wrong for your project and that are most likely to occur. With other risks,you may take steps to prevent them from escalating into full-blown crises.
    3. Develop contingency plan : Develop contingency plan for unavoidable and uncontrollable risks. A contingency plan is a course of action you prepare in advance to advance to deal with a potential problem.