how do I prepare a risk management report how do I prepare a risk man...

how do I prepare a risk management report?

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Finance

how do I prepare a risk management report?

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It is a common thing that when a project is pursued it faces various types of risks The nature of the risk may be external or internal Since the firm that undergoes the project has to work into a certain environment The social structure prevailing in the environment should be comprehended as the firm is not an outside entity of the society but a part of the society where it belongs However even as a part of the society the firm has to face the problem known as risks as the environment of the society where the firm belongs is ever changing The capacity to adapt the changes is an import factor for the sustenance of the firm When any risk arises it is required to identify the risk its nature and the degree of negative side of that risk The function also requires to response towards the risk and implementing proper monitoring process as two factors are two important aspects in the operational process of the firm When the risk is identified properly it is required to set proper plan so that the firm is able to handle the risk in an effective way through the life cycle of the project Therefore it is indispensable for a project manager to understand the likelihood of occurrence and the outcome of risk in a project and accordingly See Answer

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how do I prepare a risk management report?

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