3.0 TOOLS AND PRACTICES In this section, you are to describe what tools and techniques will be used to record and track risks and who will be responsible for maintaining the information. You should also describe the process to be used in reviewing risks. 4.0 CLOSING A RISK In this section, you are to describe the criteria associated with determining when a risk can be closed and identify who has the authority to close a risk. 5.0 LESSONS LEARNED In this section, you are to describe how lessons learned will be identified and recorded and where this information will be stored