Monitor and Control Risks Tools and Techniques

The tools and techniques of Monitor and Control Risks are used to monitor risks throughout the life of the project. You should perform periodic reviews, audits, and new earned value analyses to check the pulse of risk activity and to make certain risk management is enacted effectively.

The tools and techniques of this process are as follows:

■ Risk reassessment

■ Variance and trend analysis

■ Technical performance measurement

■ Reserve analysis

■ Status meetings

You'll look at risk reassessment, risk audits, and technical performance measurements next. You've examined all the other tools and techniques of this process in discussions of previous processes.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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