Steps in project risk management process

Assignment Help Project Management

Reference no: EM1337999

1. The PM is able to structure the project work into WBS elements (work packages) that are:

A Definable: It can be described and easily understood by project participants.

B Manageable: a unit of work, which, when broken down, specific responsibility and authority can be assigned to individuals or groups, (teams/crews).

C Compatibility: The work unit integrates well with other project work elements.

D Measurable: The work unit can be used to measure progress.

E All of the above.

2. What are the basic steps in the project risk management process? List a minimum of 5, (there are 6), and provide a detailed description/discussion of each.

Reference no: EM1337999

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