BU Project Risk Management to Positively or Negatively Affect a Project Discussion

Question Description

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Overview and Rationale

In order to demonstrate proficiency with the content in this course we will complete a number of different assignments to validate your learning and allow you to implement relevant practices a real-world setting.

Program Level – Student Learning Outcomes:

Create a risk management plan to determine how both positive and negative risks will be identified, analyzed and managed

Articulate the value and benefits of creating an effective approach to planning for project risk management

Identify project related risks and their drivers by integrating best practices, tools and techniques

Analyze risks using qualitative methods for the purpose of risk exposure and prioritization and communicate their impact to the stakeholders

Analyze risks using quantitative methods for the purpose of risk exposure and prioritization and communicate their impact to the stakeholders

Recommend risks for risk response planning or watch list

Devise a risk response plan based on appropriate techniques and strategies that would meet

o Stakeholders expectations

Execute the risk management plan to continuously monitor risks and risk responses

Describe how organizational and cultural factors may undermine implementation of effective risk management and develop strategies to overcome these factor

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