Regarding to risk management, as we learned in Week 5, in project management plan you need to measure the risk, Assess, Evaluate, and finally how to manage the risk. By the time a risk actually occurs on any project, it’s too late to do anything about it. That’s why you need to plan for risks from the beginning and keep coming back to do more planning throughout the project. In my opinion, during the planning phase, you need to identify the sources of risk and or develop a risk breakdown structure (RBS) to identify increasing levels of detailed risk analysis.