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Risk Identification Process

   

Added on  2019-09-20

6 Pages577 Words204 Views
Leadership Management
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Running Head: Risk IdentificationRISK IDENTIFICATION[Document subtitle]
Risk Identification Process_1

Risk Identification1Table of ContentsRisk Identification...........................................................................................................................1Key Input and Output......................................................................................................................1Tools to Identify Risk......................................................................................................................2Involvement in the Risk Identification Process...............................................................................2Importance of Risk Identification Process.......................................................................................2References........................................................................................................................................4
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Risk Identification2Risk IdentificationRisk Identification is considered as a process of identifying, recognizing, dividing risk events concerned with a particular project. On the other hand, Haddush (2016) defines that it is a process that describes which risk may influence the success of a project and describe their features.Key Input and OutputInputs are essential for handling the risk in a significant manner. Important inputs of measuring risk factors are following:Management plan for riskManagement plan of costManagement plan for human resourcesManagement plans for scheduleActivity cost estimatesOrganization environmental factorsScope baselineProject activities duration estimatesStakeholder estimationQuality management planOrganization process assets
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