Engineering and Business Management

Risk and uncertainty are major concerns in managing business and projects.
Briefly describe the established techniques used for risk management applied to project planning, explain the techniques for assessing risk, and, explain how risk can be minimized.
Notes
Your report will be unique and your individual response. As a unique piece of work, there is no rigid marking scheme. The marks awarded will depend on a variety of factors, including:
Presentation
Argument
Logic
Analysis
English
Novelty
Usefulness
Sparkle
Conclusions
Speculation on future trends