1.) Explain the purpose of a risk breakdown structure (RBS). This structure may be prepared Top Down or Bottom Up. Explain the differences in these approaches. Answer:
RBS segments risks. Risks can be segmented from greatest risk to least greatest risk, and least greatest risk to greatest risk.
2.) The steps of root cause identification and analysis are: gather data, chart the causes of the risk events, map the causes. Briefly explain these steps
3.) Explain the Crawford Slip Method (CSM).