Reference no: EM132798555

Scenario 1: Your company entered into a multi-million contract with ABC Company. The project is planned and is about to take a course. You reviewed all the responsibilities of each member of the team. You noticed that A, is a person who has unique knowledge and experience vital to the project. Losing A in the middle of the project will suffer a blow in the project and the company. What will you do to mitigate the probability of such risk? Show and support the arguments of your possible responses.

Scenario 2: A critical project on hand required strict observance in deadline. It is the "flu season" and it is during this time that the human resource manager is flooded with sick leave. Usually, a person hit by the flu will have to absent for at least 2 weeks. Being out in the office for such a long time would mean a delay in the project. The stakeholders will seldom accept the reason that those involved in the project caught flu causing the delay. What approach will your team do to prevent or mitigate this risk?