What are the key principles of risk management?
An example of an AI chatbot conversation about risk management principles and practices.
What are the key principles of risk management?
The key principles of risk management include risk identification, assessment, response, and monitoring.
Can you explain how to identify risks in a project?
To identify risks, you can use techniques like brainstorming, interviews, and SWOT analysis.
What is a risk assessment matrix?
A risk assessment matrix is a tool that helps prioritize risks based on their likelihood and impact.
How often should risk management be reviewed?
Risk management should be reviewed regularly, at least annually, or whenever significant changes occur.
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