You are newthe project manager for the creation of recruitment procedures at your company. Your deliverables include processes and procedures for identifying talent. A critical factor is that your company handles secure information for its clients. All employees must pass very detailed background and security clearances. The director of your department has asked you to send asummary on the risksassociated with this project and your process for managing it.

Describe the risks that are associated with this project. Define at least 2 risks to this project and the risk mitigation strategies you could take to reduce the risk exposure.

• Explain the process and tools you would utilize to validate the risks severity of impact and probability of occurrence
• Explain each of the six critical success factors for project risk management as defined by the Project Management Institute and describe their influence on project risk.
• Define the importance of using risk management specific to this project.
• Describe what may happen if risk management is not utilized.