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Question 1 Identify 3 ( three) risk categories and describe potential project risks in those categories. Question 2 What are the key components of a

Question 1 Identify 3 ( three) risk categories and describe potential project risks in those categories. 

Question 2 What are the key components of a risk management plan? 

Question 3 What are project risk controls? Provide an example of a relevant risk control in the construction industry. 

Question 4 Describe the most common types of risks and their classifications. 

Question 5 How do risk contexts affect risk management processes and procedures? Provide examples. 

Question 6 What does a risk management framework involve? 

Question 7 Describe a quantitative and a qualitative risk management technique / approach. 

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Question 1 Three risk categories and potential project risks in those categories are Technical Risks Technology Failure The risk of technical systems or equipment malfunctioning or not performing as e... blur-text-image

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