(b) Describe a framework to assess the risks to the progress of the Giant Dam Pr

(b) Describe a framework to assess the risks to the progress of the Giant Dam Project. Your answer should

include a diagram to represent the framework. (6 marks)

(b) Framework for assessing riskRisk is assessed by considering each identified risk in terms of two variables:– its hazard (or consequences or impact) and,– its probability of happening (or being realised or ‘crystallising’).The most material risks are t