What should be considered when identifying risks

Assignment Help Operation Management

Reference no: EM13821788

Assume you have just been assigned to a project risk team composed of five members. Your task, as project manager, is to develop a process for handling risks to the project. Because this is the first time your organization has formally set up a risk team for a project, it is hoped that your team will develop a process that can be used on all future projects. Your first team meeting is next Monday morning. Each team member has been asked to prepare for the meeting by developing, in as much detail as possible, an outline that describes how you believe the team should proceed in handling project risks. Each team member will hand out his or her proposed outline at the beginning of the meeting. Your outline should include, but not be limited to, the following information:

What methods should be used for identifying risks?

Who should be involved in identifying risks?

What should be considered when identifying risks?

Reference no: EM13821788

Questions Cloud

Assignment developmentally appropriate teaching strategies : Assignment Developmentally Appropriate Teaching Strategies

Estimate its expected time and standard deviation : Activity D has an optimistic time of three days, a pessimistic time of nine days, and a most likely time of four days. Determine its expected time and variance. Activity E has an optimistic time of 9 days, a most likely time of 12 days, and a pessimi..

Calculate the breakeven point for each scenario : Assignment: The Budget. Show a budget for each event scenario. Calculate the breakeven point for each scenario, noting your methodology. Explain the method you used to determine the break-even point

Determine the most beneficial ratio of internally consistent : Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.

What should be considered when identifying risks : Assume you have just been assigned to a project risk team composed of five members. Your task, as project manager, is to develop a process for handling risks to the project. What methods should be used for identifying risks? What should be considered..

Role of microsystem in shaping childrens effortful control : role of the microsystem in shaping children's effortful control

Analyze three of the punishments that corporations undergo : Analyze three of the punishments that corporations undergo when they have acted unethically (i.e., name them, define them, explain what they are). In addition, explain three threats to running an ethical corporation.

Who should do the prioritization of the project risks : As the work of your risk management team (from the first discussion question) continues, the discussion of your team's risk management plan outline moves on and considers the following questions: Who should do the prioritization of the project risks?..

Evaluate the administration of this event : Evaluate the administration of this event... Was it well planned and managed throughout? Are some steps in the planning process missing based on your Reading and your Event Planning Guide? If so what are they and why should they be included

User Account

All Pages