Reference no: EM133214788
Assignment - The Major Components of Risk Management Essay
Introduction - Using the readings and other materials this week please focus on creating an essay from research. This assignment allows students the opportunity to use research and analysis skills to answer the questions for this week's critical thinking assignment.
Unit Learning Outcomes
Evaluate the importance of team engagements and how both good and bad team collaboration impacts a project.
Analyze the overall project plan to determine if there are concerns.
Evaluate prior project plan versions and work with the team to discover the best template for the team project.
Evaluate team performance.
Directions - Write an essay after reviewing all of the material from this week regarding the major components of risk management. Ensure all of the following questions are answered
What are the inputs to the risk management plan? Why are they important?
Who is a risk owner?
What are residual risks? Secondary risks?
What are the various risk categories?
When would you use a risk audit?