What strategies do project managers use to assess, monitor, and communicate project risks to stakeholders? What steps should be taken to determine if these changes should be made?

Project Management
 Answer the following questions:

What is the rationale behind making a scope change once the project has started?

What needs to be considered before making changes to the project?

What steps should be taken to determine if these changes should be made?

What is a project risk? Provide an example.

What strategies do project managers use to assess, monitor, and communicate project risks to stakeholders?