Walter is the project manager of a large construction project. He'll be working with several vendors on the project. Vendors will be providing materials and labor for several parts of the project. Some of the works in the project are very dangerous so Walter has implemented safety requirements for all of the vendors and his own project team. Stakeholders for the project have added new requirements, which have caused new risks in the project. A vendor has identified a new risk that could affect the project if it comes into fruition. Walter agrees with the vendor and has updated the risk register and created potential risk responses to mitigate the risk.
What should Walter also update in this scenario considering the risk event?
Which of the following would BEST mitigate the risk associated with reputational damage from inappropriate use of social media sites by employees?
Which of the following MUST be assessed before considering risk treatment options for a scenario with significant impact?
When developing risk treatment alternatives for a Business case, it is MOST helpful to show risk reduction based on:
The BEST indication that risk management is effective is when risk has been reduced to meet:
