Sketch a Flow Chart for the PRAM Methodology for Risk

question 87

Essay

Sketch a flow chart for the PRAM methodology for risk management and briefly describe each step.

---

Definitions:

Devil's Advocate

A person who takes a position they do not necessarily agree with for the sake of argument to explore and critically discuss a particular issue.

Group Leader

A person who takes charge in guiding, directing, and managing a team or group towards achieving collective goals and objectives.

Organizations

Entities comprising multiple individuals working together towards a common goal, structured and managed to meet a need or pursue collective goals.

Self-Censorship

The act of withholding one's own thoughts or feelings to avoid offending others or disrupting group harmony.