Questions

International Day for Disaster Reduction, held every 13 October, celebrates how people and communities around the world are reducing their exposure to disasters.

The year 2017 focus is : Reducing the number of affected people by disasters by 2030.

The processes in the controlling group are Verify Scope, Control Scope, Control Schedule, Control Costs, Perform Quality Control, Report Performance, Monitor and Control Risks, and Administer Procurements.

The Project Risk Management Processes include the following:

Risk Management Planning - Deciding how to approach , plan, and execute the risk management activities for a project

Risk Identification - Determining which risks might affect the project and documenting their characteristics.

Qualitative Risk Analysis - Prioritizing risks for subsequent further analysis or action by assessing and combining their probability of occurrence and impact

Quantitative Risk Analysis - Numerically analyzing the effect on overall project objectives of identified risks

Risk Response Planning - Developing options and actions to enhance opportunities , and to reduce threats to project objectives.

Risk Monitoring and Control - Tracking identified risks, monitoring residual risks, identifying new risks, executing risk response plans, and evaluating their effectiveness throughout the project life cycle.

Lala Lajpat Rai, popularly known as Punjab Kesari was an Indian Freedom Fighter who gave the safety valve theory for Indian National Congress in 1916 in a daily news paper paper 'Young India'. 

It was said that the INC was started by Viceroy Lord Dufferin with the help of an ex Civil Services member as a 'Safety Valve' against the popular discontent.