Note: The first question addresses risk management in general; the second question asks you

Note: The first question addresses risk management in general; the second question asks you to relate your response to the case study assignment.
Should a program/project manager wait until all information is collected before initiating the risk identification process? Explain your answer.With respect to your case study reading assignment, how effective will a risk management plan be if the program/project manager develops the risk management plan in isolation?