Project procurement, risk and constraints 2

Prepare an explanation to the following questions using at least 300 words in your post.  Review the responses of one other classmate and offer your thoughts and opinions on their post.  Your response should be substantive and should not be similar to any other post offered.

Using Chapter 10 and 11 of the Kendrick text explain the elements of managing, monitoring, and controllong project risk that would be important to you as a newly assigned project manager.