Why is risk important? how do you deal with it

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Reference no: EM133130318 , Length: word count:1000

Risk Management

Many people find risk management the most interesting part of the project

Background and rationale

Why is risk important? How do you deal with it? in the final submission of the project you will probably include the risk scales and severity tables from the lectures but with the appropriate references

Risk Register
base this table on the one in the lecture notes

Risk Treatment Plan

Tasks added to the WBS, Network diagram and Gantt

[Have you updated the WBS and Network diagram sections with the risk management strategies that you have included (eg. Check the weather forecast) Listing these here aids in traceability]

Content - overview

Intro, rationale, explanations. Includes explanations for scales and abbreviations

Content - tables
Risk register and separate risk treatment table are included. Risks are explained and it can be seen how the risk register and treatment tables are connected

Content - output
There is a list of activities from the risk analysis that will be added to the project (WBS / Network / Gantt)

Format: Overview
Includes version number, correct date submitted, group number, a list of students, page numbers on most pages, group number in filename

Format: Implementation
version control table, table headings are present and correct

Reference no: EM133130318

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