Managing risk is a critical part of project management.

Explain how controlling processes can affect project integration, scope, time, cost, quality, and especially risk.
Then design a 2-3 page memo outlining the importance of risk management, and the best practices and approaches that should be taken when managing risk.
Make sure to also explain the necessity of a risk register and risk plan while executing the project.
Outline your plan addressing these issues and other issues.

 

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