Both the Project Management: A Systems Approach to Planning, Scheduling, and Controlling and PMI's Process Groups: A Practice Guide recommended processes that are designed to be simple scalable planning approach methods for performing risk management can be applied to any project. With a skilled project team and the project manager with good leadership skills, the project's outcome can reach its intended outcome. Address the following questions.

1. What are the advantages of the risk management activities in projects?
2. What are some negative consequences if risk management activities are not in place and the risk events occur?
3. What is expected of the project manager with good leadership skills?