Describe project risk management as a component of the project management process
You met with the entire project team, many of whom worked together during the RFP process. You introduced yourself and reviewed the project scope, deliverables, and schedule. You brought up project risk management and noticed questioning looks in their eyes. You realized that project risk management means different things to different people.
What does project risk management mean in the context of project management? Use the materials at your disposal, and PMBOK, to describe project risk management as a component of the project management process