You are a Project Manager for a new product development project and you know that you need to execute your
Risk Plan. Your first step should be:
a) Be sure to capture the impact and probability of each risk so that you can prioritize them and document the contingency required.
b) You have the risks already identified in the Project Charter, so you can go right to the analyze risks step in the process, and begin to prioritize and then assign risk response strategies to each.
c) Gather your team so that you can begin the process to identifying the risks associated with the project.
d) Document all your response plans for all your risks.