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Arrange the following risk management process activities in the correct chronological order from first to last.

Answer

Risk identification, Risk analysis, Risk prioritization, Risk planning and control, Risk monitoring

Explanation

### Why this is right A team must identify risks before analyzing and ranking them. It then plans responses and monitors the risks as project conditions change. ### The order 1. **Risk identification**: Record possible problems. 2. **Risk analysis**: Examine risk causes, sources, and estimates. 3. **Risk prioritization**: Focus attention on the most severe risks. 4. **Risk planning and control**: Prepare and execute responses. 5. **Risk monitoring**: Reassess risks throughout the project. ### Terms - **Risk mitigation**: Action intended to reduce the likelihood or effect of a risk. - **Contingency plan**: A planned response if a risk occurs. ### Remember Identify, analyze, rank, respond, and keep monitoring.

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