

Here, the interviewer seeks to understand Should be communicated before the project begins as well as during Risk monitoring – at this stage, tracking and reviewing of risks is done.”.


You will respond depending on the risks that have great risk on the business. Deal with risks – the risk manager comes up with preventive plans, contingency plans, and risk mitigation strategies.Risk evaluation – this is where risks are ranked according to the negative effect they have on an organization.Analyzing risks – here the risk manager examines each identified risk to understand the magnitude of their impact on organizational goals.Identifying risk – this is where potential risks that are likely to affect the business are uncovered and described.Tip 2: Give weight to your answer by brieflyĪre used to describe the process of risk management, the main steps involved in Here, the interviewer will try to assess the extent to which you understand the risk management process and risk management framework.
