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Week 2 Discussion 1
"Need for Risk
Management" Please respond to the following:
• Analyze why it is important to
address risk through the entire project life cycle. Identify three possible
negative results that can occur if an organization fails to address risk in
different phases of the project life cycle.
• Determine three obstacles for an
organization to manage risk effectively. Suggest strategies from the
perspective of a project manager to avoid the obstacles.
Week 2 Discussion 2
"Critical Success
Factors" Please respond to the following:
• There are four critical success
factors that are important for effective risk management: supportive
organization; competent people; appropriate methods, tools and techniques; and
simple, scalable process. Predict the outcome of a project if any of these
critical success factors is absent for a project. Support your predictions.
• Recommend how you would approach the
stakeholders of the project and persuade them that the missing critical success
factor(s) must be addressed in order to maximize a successful project. Support
your response.
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