fadi sitto lab 3

1. The purpose of the Risk Management Plan is to define how risks will be managed, monitored and controlled throughout the project.
2.The challenge of protecting critical business information has never been greater. Extensive requirements originating from multiple governing bodies, coupled with rising costs and financial penalties for failure, makes governing the operations of the organization an increasing challenge.
Furthermore, increased competition for limited budgets and resources requires that organizations allocate available funding toward their highest-priority information security investments. LogicManager’s risk based approach helps you to objectively prioritize which business areas require focus and allocation of critical resources.
3.Risk Planning is developing and documenting organized, comprehensive, and interactive strategies and methods for identifying risks. It is also used for performing risk assessments to establish risk handling priorities, developing risk handling plans, monitoring the status of risk handling actions, determining and obtaining the resources to implement the risk management strategies. Risk planning is used in the development and implementation of required training and communicating risk information up and down the project stakeholder organization.

4.The First step in Composite Risk Management process is Planning Risk Management. This is where you will plan how you will handle all the Risks faced by your Project.
5. This is known as an inspection or an audit. You can go through all of the area of the business and look through important paperwork to ensure everything is in order.

6. As you build your retirement portfolio, the risk of outliving your retirement assets should be your key consideration. In order to potentially generate an appropriate level of growth, you need to pay close