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How to monitor risks?

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Please explain the process of monitoring risks. Please also discuss all the risk monitoring techniques, and tell me which technique is better to follow, and why.

Finally, I want to ask, when should risks be monitored in the project? Is it only during the executing phase?
asked 7 years ago by anonymous

1 Answer

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Risks can be monitored at sheduled status meetings of the project or it can be done in a separate meeting specifically for risk monitoring.
This is called as Risk audits which will examine the identified risks, their causes, & the efectiveness of the risk responses.

Variance analysis can also be used to monitor risk. Any deviation form the planned result may lead to a potential risk.
answered 7 years ago by aal (470 points)

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