10.2.2 PROJECT MANAGEMENT: RISK MANAGEMENT QUESTION ONE 1.1 Describe the execution stage contained within project risk management. 1.2 Discuss the objectives of a risk assessment matrix. [100] [25] (13) (12) [25] QUESTION TWO 2.1 Analyse the meaning of threats and opportunities in relation to project risk management Discuss the relationship between contingency information and project risk management (15) 2.2 (10) [25] QUESTION THREE 3.1 Describe the effect of uncertainty on project risk management. (10) (15) 3.2 Analyse the meaning of Red, Amber and Green (RAG) status of a project. QUESTION FOUR [25] 4.1 Differentiate between eliminating and mitigating risk. (12) 4.2 Describe the allocation of risk as a process within project risk management (13)