Class Activities: Activity 1: As you know, risk management is the activity of detecting, analysing, and preventing or reducing risks to a project that can affect the desired results in project management. Thus, assume that you are working as project manager in a technology programming company named LIGOS.ltd. Your company currently working on a new project and you are required to apply project risk-management techniques to ensure that the project is finished on time, within budget, and at a high standard. In this activity, you need to discuss various aspects about risk analysis and planning, considering the following: Resource requirements for deliverables. Strategies to identify potential and actual risk. Tools/techniques for risk analysis/ collection methods for project risk records and other information according to organisational policies and procedures. Steps to develop a risk management plan according to organisational policies and procedures