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18 February, 07:48

In order to minimize project risks, which step comes after the step of identifying risks?

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  1. 18 February, 11:47
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    Analyze the risk

    Explanation:

    Risk management project risk has the following steps to minimize the risks -

    a) Identifying the risks;

    b) Analyzing the risks;

    c) Evaluating the risks;

    d) Treating the risks;

    e) Monitoring and reviewing the risks.

    Therefore, after identifying the risks, project managers analyze the risk to reduce the risks of the project. Analyzing the risks include recognizing the nature of the risk and difficulties faced by the risk to perform the project.
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