How to conduct risk management activities for a project

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Reference no: EM133184943

Risk and Communication Management

Case Study: The Boeing Dreamliner

Risk and Communication Management - Report

Plan Risk Management is the process of defining how to conduct risk management activities for a project.

A. Identify possible risks for the Case Study and critically analyse the impact of these risks.

B. Use a Risk Probability and Impact (P&I) matrix to rate and prioritise risks.

C. Develop appropriate response strategies, including a proposed course of action, to effectively manage each identified risk.

D. Create a complete Risk Register for the Case Study.

Risk Communication Strategy

E. Identify and explain how stakeholders will be communicated and engaged with on the project's ongoing risk management activities.

In point a)Identify all the possible risks of the project.

b) Use a Risk Probability and Impact (P&I) matrix to rate and prioritize risks.

The idea is that you can develop those two points and improve them with some suggestion and that each one sends a draft on how to develop the following points.

Reference no: EM133184943

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Reviews

len3184943

7/21/2022 10:19:26 PM

Then in point b) I used a Risk Probability and Impact (P&I) matrix to rate and prioritize risks. The idea is that you can develop those two points and improve them with some suggestion and that each one sends a draft on how to develop the following points. The ideal is to leave the entire structure ready, each one sends their part ready. we review it together before sending it. I will make the introduction, someone can make the conclusion and another person the executive summary.

len3184943

7/21/2022 10:18:51 PM

This is a group work,My colleague as done major of the work but she wants us to do the below Hi guys, I''m attaching a draft where you can see an assessment structure. In point a) I brainstormed with the RBS to identify all the possible risks of the project. Based on the RSB, I developed 3 risks that were important to me, arguing solidly for each one.

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