Risk Assessment and Risk control.

 Risk assessment: Describe how your organization will assess risks and why this method of risk assessment is appropriate for your project. Briefly describe the risk assessment process, define the scale you will use to assess the risks (i.e., High Impact=50% additional cost to the activity or project, or High Probability = terminate project). Illustrate your risk assessment using a risk assessment matrix. With the results of the risk assessment (prioritized risk based on risk assessment) Risk Control: Describe how your organization will monitor and control risk.