Risk Reporting

Submit: A Submit a detailed analysis of a summation of all of the risk monitoring and reporting methods with pros and cons of each Resource: PMBOK, Per BMBOK Use these Tools and Methods (8.6.3) Tools and Techniques PMBOK Mentioned Methods Risk reassessment has the task to identify new risks and to restart the row of risk management processes for making them managed Risk audits “[…] examine and document the effectiveness of risk responses […]” Variance and trend analysis executed on the base of work performance information may “[…] indicate the potential impact of threats or opportunities” or may activate a trigger Technical performance measurement is used for being able to compare the plan and the reality which itself may activate triggers Reserve analysis “[…] compares the amount of contingency reserves remaining to the amount of risk remaining at any time in the project […]” Status meetings are used to analyses triggering situations and so on NOTE: This assignment is an academic type assignment meaning APA, cited sources, quotes and talk about the theories and concepts. DO NOT just define/ restate the theories and concepts, you ARE ANALYZING them so you are comparing /contrasting, pros/cons, advantages/disadvantages of and between the parts, whole and each of the applications. Format your paper consistent with APA guidelines. For more information on Risk Reporting check on this: https://en.wikipedia.org/wiki/Risk_management

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