Pick one of topic to discuss
Risk Management:
- What is “risk management” and why is it important in the project environment?
- Does it make sense to spend time and effort to plan for events or occurrences that may never occur – why or why not?
- How can communication help in identifying AND managing risk? Give an example from your personal or professional experience.
Risk in the Project Environment:
- When looking at risks in the project environment, why are we concerned with the impact and probability of a potential risk event?
- How could you sort through a long list of risks in a project so that focus is placed on the most important one(s)?
- When is the best time to assess potential risks in a project AND at what frequency?
- When is risk generally highest in a project – why?
- Why is it important to identify and diligently watch for risk “triggers” in the project environment? Please define a risk “trigger” first when answering this question.
Risk Information:
- 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.
- What are some sources of information on risks that you would list in a risk register (i.e. where would you find information on risks)?
- Explain at least two techniques for gathering risk information from various sources. Support your response with one reference in addition to those provided in your required/optional readings, learning modules, and text books.
- Why is it important to document risks and risk information gathered from various sources?
- Often you will document risk “symptoms” and risk “triggers” in a risk register. Explain how the difference in these two concepts and how they are related.
0 comments