200 words each part.Risk in the Project Environment 1.When
looking at risks in the project environment, why are we concerned with
the impact and probability of a potential risk event?Risk Information2.Explain
what a “risk register” is, what it is used for, and what it contains
(i.e. components for the risk register). Please describe each of the
components.Procurement 3.Why
are contracts necessary when conducting procurements and what do they
represent? Discuss the major types of procurement contracts. Is there
any situation where you would not use a contract for procuring goods or
services – please explain why or why not? Is a verbal agreement or a
handshake considered a valid contract? Please include a minimum
of one resource in addition to your required or optional reading/viewing
resources.use any reference as a source for your posts, you must use the APA in-text citation format to credit the author.

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