A Submit a detailed analysis of a summation of all of the risk monitoring and reporting methods with pros and cons of each
Use these Tools and Methods
(8.6.3) Tools and Techniques
PMBOK Mentioned Methods
· Risk reassessment has the task to identify new risks and to restart the row of risk management processes for making them managed
· Risk audits “[…] examine and document the effectiveness of risk responses […]”
· Variance and trend analysis executed on the base of work performance information may “[…] indicate the potential impact of threats or opportunities” or may activate a trigger
· Technical performance measurement is used for being able to compare the plan and the reality which itself may activate triggers
· Reserve analysis “[…] compares the amount of contingency reserves remaining to the amount of risk remaining at any time in the project […]”
· Status meetings are used to analyses triggering situations and so on
NOTE: This assignment is an academic type assignment meaning APA, cited sources, quotes and talk about the theories and concepts.
DO NOT just define/ restate the theories and concepts, you ARE ANALYZING them so you are comparing /contrasting, pros/cons, advantages/disadvantages of and between the parts, whole and each of the applications.
Format your paper consistent with APA guidelines.
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