Risk management

    Imagine that you are writing a scholarly paper for consumption by a new undergraduate student in the project management program. In your paper, explain the following: Risk management - including analytical techniques used, risk breakdown structure; risk categories, probability, and impact matrix; risk categorization, and urgency assessment; risk register with list of risks and potential responses; use of quantitative risk modeling through tornado diagram, decision tree diagram, or cost risk simulation results; and strategies for negative and positive risks.