Answer to Question #179210 in Management for Ngwane

Question

The case study shows that the risk consultant utilised risk identification techniques. Elaborate on the different risk identification techniques and indicate how they were relevant to the project in the case study.

Answer 1

There are various techniques of identifying risks. They include the following three; techniques of gathering information such as questionnaires, brainstorming, and Root Cause Analysis. These techniques were relevant to the project of the risk consultant because they made him to measure the chances of the risks occurrence and their effects. This made him to device ways of minimizing the risks and their effects.