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The Project Management Tool Kit: 100 Tips and Techniques for Getting the Job Done Right by Tom Kendrick

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Monitor Risks

This process is part of project plan execution. Based on your risk management planning, both the known risks documented during risk identification and unanticipated risks that arise must be monitored and resolved. The owners of each contingency plan developed as part of risk response planning monitor for specific risk triggers, and overall project status collection and plan variance analysis provide general risk monitoring.

Use trend analysis of project performance reporting and project metrics such as earned value management to identify potential future risks.

Periodically reevaluate project risks during project reviews. Update the risk register, analyze and prioritize the risks, and plan responses for all significant new risks ...

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