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Waht is Risk management:
Project risk
Risk Vs Amount at Stake
What are the Four Stages of Risk Management?
Risk Management Assessment Matrix
What are any four common categories of risk?
What are some Risk Mitigation Strategies?
Control & Documentation
Help managers classify and codify risks, responses, and
outcomes
Change management report system answers are?
Exercise 1
How does risk level vary with project life cycle stage?
Where is the period of highest risk impact? Why
Exercise 2
What are the four distinct stages of systematic risk management
and what takes place at each?
Exercise 3
What are any four common categories of risk?
What is an element of each category??
Exercise 4
What are the basic qualitative methods for identifying risk factors?
What are the advantages and disadvantages of each method?
Exercise 5
Sketch a 2x2 risk management assessment matrix and
discuss the impact of each quadrant.
Exercise 6
What are the four alternatives a project organization can adopt in
deciding how to address their risks? What are the advantages and
disadvantages of each? Which is best and why?
