1)for this week we are concentrating on the learning objecti

1)for this week we are concentrating on the learning objectives of Chapter 11 and 12 of our textbook. Please answer the following questions:1. Why do you believe (or don’t believe) reviewing a risk assessment plan is important.2. What are risk elements; what process/s is/are used to find these risk elements; what role does a cost-benefit analyzes play in evaluating these risk elements?3. Explain your understanding of a risk mitigation plan. As you recall, this was already partially discussed in week 10. However, for this week, go into the specifics of the plan, to include a narrative on the best practices used.4. What role those a business impact analysis play in the overall risk management process? Include a discussion on the steps and critical elements a business impact analysis will provide.5. Discuss your understanding of the benefits that can be derived from a business impact analysis, to include best practices to follow.Please make sure you include sources you have reviewed to answer these questions.? RV