What is risk reporting and what is its importance to the success of a project? Risk reporting is basically a phase in the project management cycle wherein risks are predicted and then properly communicating it to the members of the team as to determine what the best ways are to handle or fix the problem. This is constantly done throughout the entire project life cycle to regularly keep in check and manage the risks, costs and resources. It is also an avenue for project leaders and its team to summarize the risks encountered and the progresses made in managing the risks.
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