What are the appropriate risks response strategies


Assignment Problem: You are a project manager for a compliance driven complex project. You just completed risk identification and risk analysis of 15 key risks that could affect your project. Your manager reviewed your report and asked you to create another report to address the other two phase of risk management life cycle.                                 

What are the appropriate risks response strategies?                                                             

Risk monitoring and control.  

What are some previous and identified risks?

What are the recommended approaches to reduce or eliminate the impact or probability of these risks for negative risks? 

What are the detailed explanations of key concepts? 

What are the Classifications?     

What are the Techniques used for this effort?

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Strategic Management: What are the appropriate risks response strategies
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