How can I effectively monitor and evaluate risks in my project?
To monitor and evaluate risks, start by identifying potential risks, then assess their impact and likelihood.
What tools can I use for risk assessment?
You can use tools like SWOT analysis, risk matrices, or software like RiskWatch and @RISK for quantitative analysis.
How often should I review the risks?
It's best to review risks at key project milestones and regularly during project meetings to stay proactive.
What should I do if a risk materializes?
If a risk materializes, implement your risk response plan, communicate with stakeholders, and adjust your project plan accordingly.
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