Assess impact and probability for each risk.
For those risks that have a risk exposure of greater than 60, determine a strategy and response. Remember, if a strategy can be implemented immediately, the project should be changed rather than wait for the risk to be realized; therefore, each response should be based on the realization of the risk at the time of execution.
Determine how risks will be communicated. Include information on how the communication will be documented.
Evaluate the timing, type, and audience of those communications.
Assess who will make final decisions about risk responses.
Format your assignment consistent with APA guidelines.

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