Title: Analyze risks that may impede project goals.
Course: Leadership Development (22101-18) > Section: Demonstrating Leadership

Analysis includes

- identifying risks
- monitoring risks
- analyzing risks
- planning responses, such as risk
  - avoidance
  - acceptance
  - transfer
  - mitigation
- implementing responses.

Process/Skill Questions:

- What is the definition of risk? What is risk management?
- What are potential losses that a business might suffer?
- How can inaccurate financial data, improper budgeting practices, and/or inadequate accounting processes hurt a business?
- How can problems with human resources, labor relations, suppliers, or channel members threaten business operations?
- What are some examples of risk avoidance, risk acceptance, risk transfer, and risk mitigation?
- What processes, tools, and resources are used to identify risks?