MGMT 404 Risk Management Practice

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MGMT 404 Risk Management Practice
Risk management is critical to good project management practice. Discuss the risk management…

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MGMT 404 Risk Management Practice

MGMT 404 Risk Management Practice

Discussions Week 5 All Students Posts 47 Pages

Risk management is critical to good project management practice. Discuss the risk management process.

  • What are the tools and techniques used for identifying risks?
  • Who should be involved in identifying risks?
  • What should be considered when identifying risks?
  • What process is used in analyzing risks?
  • What is most important to consider when formulating a risk response strategy?

IMHO we should be looking at both Risks and Issues during this discussion.  Also the use of a Risk Register.  Finally what is an ExCo Risk verse regular risk?  At project inception, should you include Risks in the Charter?  So folks, what is “residual risks” then?…