What is project risk management

Assignment Help Project Management
Reference no: EM131935969

Question: Primary Task Response: Within the Discussion Board area, write 350-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions with your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Note: This course may require the use of the Microsoft Project 2010 (or later) software application. The 2010 version and those released later are similar and suitable for the assignments. Please note the software is not compatible with Mac computers. When the course requires a project management software application, and in alignment with industry standards, CTU uses Microsoft Project. If you are using a Mac, you must find a comparable project management software tool such as Project Libre or OpenProject. Students who use a Mac should consider the best option to alternative software or use a PC with Project. An internet search for "Project alternatives for Mac" can provide many of these options. Students are expected to review the options and determine the best for success in the course deliverables. Communication with your faculty member early in the course regarding this issue or any others is strongly recommended.

Review this week's reading assignments, your own research, and the article by Runcie (2016) to answer the following questions:

• What is project risk management?

• What are the differences between agile project management and waterfall project management?

• Describe the differences between the handling of project risks in an agile environment and the handling of project risks in a waterfall environment.

• What do you think is the biggest difference between handling project risks in an agile environment and a waterfall environment?

Write 2 more paragraphs that are an introduction and conclusion to this topic. Be sure to include your references, and format your submission in APA format.

Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of 100-200 words about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:

• What did you learn from your classmate's posting?

• What additional questions do you have after reading the posting?

• What clarification do you need regarding the posting?

• What differences or similarities do you see between your posting and other classmates' postings?

Reference no: EM131935969

Questions Cloud

Explain the impact on term limits or lack thereof : Possible sections might include, but are not limited to: elections, lawmaker responsibilities, committee structure, lawmaker composition,etc.
Unemployment is approaching zero : What do you think is going to happen when the economy is growing, businesses are trying to expand, and unemployment is approaching zero?
Give an overview of the current spread of muslims in world : Give an overview of the current spread of muslims in the world, and explain some of the political, economic and social challenges facing muslim nations today.
Fixed-rate loans and floating-rate deposits : How can a bank hedge when it makes 1-year fixed-rate loans and finances them with 3-month floating-rate deposits?
What is project risk management : What is project risk management? What are the differences between agile project management and waterfall project management?
What should be the price of each share : Bryson Industries's free cash flow to its equity holders was $50 million in its most recent fiscal year that just ended. What should be price of each share.
How much of the cost will be interest : Determine the total amount they will pay for their house.? How much of the cost will be interest?
Describe types of risk that play role in making decision : What is your reaction to the vice president's premise? Describe other types of risk that play a role in making such a decision to expand internationally.
Discuss the overall risk management strategy : Identify the method for your project: agile or waterfall. Discuss why you chose this method. Discuss the overall risk management strategy for your project.

Reviews

Write a Review

Project Management Questions & Answers

  Discuss such potential incentives with reasoning and example

Since the manufacturer is concerned that not all of the products might be bought by the distribution center, does the manufacturer tend to produce fewer for the upcoming season?

  What strategy should you employ to resolve the conflict

What skills are lacking in the team? What training do you recommend? What strategy should you employ to resolve the conflict?

  How did their good leadership qualities affect you

Identify a leader in your life that has exhibited these qualities? How did their good leadership qualities affect you?

  Develop requirements and sdr documents

Assignment "Developing Requirements and SDR Documents". Create a Project Requirements Document for your chosen design.

  What is considered to be a small sample

What are differences and why should market researchers be concerned with them? Why are marketing managers concerned with them?

  Are there differences between the two parties

Discuss the implications of a stronger dollar in relation to other foreign currencies for (1) an exporter and (2) someone who is planning to travel to a foreign country.

  Concentration of ethanol in hard liquor

The concentration of ethanol in hard liquor is given as degrees proof, which is twice the percent ethanol by volume. What are the mole fraction and molality of C2H5OH in 70 degrees rum?

  Provide an example from an organization

Communication and Trust - Provide an example from an organization of a situation that created or destroyed trust and highlighted some of the consequences.

  What factors were essential for the success of technology

Discuss what factors were essential for the success or failure of the technology or application. Should include three or more resources.

  Organizational chart vertical and horizontal linkages

Diagram via an organizational chart Vertical and Horizontal Linkages in your current or previous organization

  Complete a client report for opticare

Implement a PMO would commence with an environmental scan of contemporary project management office principles and practices, reviewing candidate frameworks and investigating similar PMO activities in industries aligned with the organisation for w..

  Create preliminary scope statement

The Impact of Technology in Banking Industry- Create Preliminary Scope Statement. This project involves assessment of impact of technology in banking industry.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd