1) For your business industry and type of work role, develop a simple review process you can use to review the effectiveness of risk management in projects. 2) What type of decision-making process should you use when developing improvements for project risk management, and why? 3) What should your improvements address? 4) What else should you consider when deciding on these improvements? 5) How will you identify your improvements to risk management? 6) What type of document should you generate to document risk management issues and improvements? 7) Identify three things this should include. 8) How should you document this information? 9) For each of the following risk categories, identify two potential project risks: - Communications - Financial - Legal - Physical (health and safety) - Project processes - Technology. (These can be related to your own work environment or experience). 10) What will a risk management plan include? 11) For two of the things that you identified as being included in a risk plan, say why you would include them. 12) Referring to your answer to Question 9, suggest a way you could control any three of the project risks that you found. 13) For your business industry, identify three risks from different risk areas and classify these according to the probability (i.e., the likelihood) and the consequence of them happening. From this classification, specify if the risk is low, medium, or high. 14) What five things should an organisational or industry standard risk framework include? 15) How do industry standard risk frameworks help organisations to manage risks? 16) Explain the risk management process and the basic procedures this involves 17) What is qualitative risk analysis? 18) What is quantitative risk analysis? 19) Identify two techniques for both qualitative and quantitative analysis in risk management and what they set out to achieve.