Results of combining perform qualitative risk analysis

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Reference no: EM132222853

1. Write the three most important risks (in descending order of overall impact) in Panama Canal under American project management. Explain each and also explain causes/sources of each.

a________________________

b________________________

c________________________

2. Can the results of combining “Perform Qualitative Risk Analysis” and Risk Breakdown Structure (RBS) and WBS respectively lead to better understanding of the risks in a project? Why?

3. Give an example of several (two or more) risks that are linked to each other as chain link in The Wedding Plan Project case.

4. Give an example of a common root cause that may give rise to multiple related risks in The Wedding Plan Project case.

5. Give one example of two separate risks that are interdependent on each other in The Wedding Plan Project case.

6. A risk in the “watch list” category can become a “high priority” risk. Give one example of this in The Wedding Plan Project case.

7. Give one example of a high priority risk in The Wedding Plan Project case. Suggest how you will further analyze it, and develop a response plan for it. How frequently will you monitor this risk?

Reference no: EM132222853

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