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Explain TWO strategies that a project manager might implement to address a project risk.
Risk avoidance - this strategy would be 'exiting the method that is giving rise to the risk'. This would mean aborting the entire project or changing or abandoning particular goals or objectives of the project.
Risk transference - subcontract the risk to a third party like as a specialist supplier who is more experienced in handling the risk. Insurance is another method to use to transmit some elements of risk.
determine the most significant changes that have occurred in procurement in the last few years and what this means for your organization or an organization of your choice.
My team's project is about creating a restaurant utilizing "Electronic menu." My homework is to answer three questions about industry goals. 1. Is your industry growing? 2.
You are to design a School. You are to design the School to the requirements of the client, who will be informed by customer choices - these will be determined by market surveys c
Describe the ways in which IS and IT might help an organisation's human resource function perform its role effectively. Assisting HR planning. In order to construct robust HR s
Question: (a) Identify and describe the major roles of a Project Manager with illustrations where necessary. (b) Identify and describe the different types of Project Organ
Usage of RBS Once an organisation defines a Risk Breakdown Structure (RBS), then it can be used in a number of ways. These RBS is relevant across the project and helps in the
Q. Market Testing and Commercialization? The new products are tested in the markets on four parameters: trial, first purchase, adoption, frequency and volume. This test mar
Tolerance and Surface Finish Design engineers are always blamed of specifying closer tolerances than necessary. It is obvious that to achieve a tolerance of ± 0.001 mm is mor
What are the principal problems of managing projects in a fully functional organisation structure? The major problems of functional organisations are to perform with what may b
Question: a) Why are GSD projects more difficult to manage than single site collocated projects? b) Which agile practices would be easier to adopt, and which would be challe
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