Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

journal 644 2

Identifying Project Risk

 The task of identifying and assessing project risks is often assigned a lower priority compared to other project planning tasks. This is unfortunate because every project faces some types of risks and when faced with those challenges, project managers often find themselves in reactive mode instead of proactive.

When risk identification is not completed, problems must be addressed after the fact, often resulting in more costly responses and fixes. Such measures of damage control can lead to additional cost and delay, putting the overall project in jeopardy.

Objectives:

· Report the types of risks to include in the risk management plan.

· Discuss the importance of categorizing and prioritizing risks.

· Analyze every component that can contribute to risk.

Activities:

· Read, view, and engage with Readings and Resources.

· Actively participate in Unit Discussions.

· Complete and submit the Unit 2 Assignment.

· Contribute to your Weekly Journal.

Readings and Resources

Textbook or eBook:

Wilson, R. (2015). 
Mastering risk and procurement in project management.  Upper Saddle River, NJ: Pearson FT Press. 

· Chapter 2: Risk Strategy and Planning

The Project Management Body of Knowledge (PMBOK) Guide, created by the Project Management Institute (PMI), consists of widely accepted standards, frameworks, techniques, processes, and terminology for the project management profession.

· Project Management Institute. (2021). 


A guide to the project management body of knowledge

 (PMBOK Guide) (7th ed.). Project Management Institute, Inc.

Articles, Websites, and Videos:

This video talks about many of the individual and group techniques to identify risks. The interviewee in the video also talks about the importance of reviewing data from past projects, thinking about the current situations, and visualizing future scenarios in terms of risk.



14 What risk identification techniques are available and which is the best one?

 

In this video, the speaker emphasized on the importance of risk management by citing examples from public traded companies and government organizations. Providing timely access to critical inf

ormation to the right people across the company can save your company from a major disaster.


Enterprise Risk Management | Thomas H. Stanton | TEDxJHUDC

Supplemental Resources:

The following websites provide a detailed description of the purpose and usefulness of a risk register.

· Smartsheet.com (n.d.). 

Risk register template
.

· Westland, J. (2016, Oct 31). 

Risk register template
. Projectmanager.com.

This assignment is designed to help you improve your communication, critical thinking, and research skills.  Your deliverable should answer the following questions:

·
What did you learn this week?

·
Was the material valuable and/or applicable? Please elaborate. 

·
If yes, how are you planning to use this material in the future?

·
If no, what changes would you recommend?

Your assignment should contain at least 200 words.

image1.png

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Understanding Mythology and Creation Myths Objective

 This discussion board assignment aligns directly with the Chapter One learning objectives by encouraging students to define and incorporate key vocabulary terms, such as cosmogony, archetype, or monomyth, into their written responses, thereby reinforcing their comprehension and application of foundational terms (Objective 1 – Bloom’s: Remembering, Understanding). By asking students

Check the file

My topic is 4th topic مشاريع مادة األمن الصناعي -270/81 د. خالد العنزي تاريخ التسليم 2520/July/17 Write: 2500-3000 words double-spaced essay: 1- What are the main safety and ergonomic precautions associated with computer use? 2- What are the causes of al-Ahmadi refinery explosion in 2000? 3- What are the main

mu

Assignment Prompt: Identify an historically significant action that was made by someone (an individual artist and/or group) in Twentieth-Century American Popular Music. Describe its genre and place it in the historical context. Objectives: The student is expected to listen and respond critically to music and to articulate an informed, personal

WEEK 3 assigment

   ONE QUESTION Considering a Woman’s Individual Identity: Lepucki’s Use of Rhetorical Writing Strategies Jane Dough English Department ENC 1101: English Composition I Keiser University August 20, 2025 2 Considering a Woman’s Individual Identity: Lepucki’s Use of Rhetorical Writing Strategies In the essay “Our Mothers as We Never Saw Them”

week3

Annotating a LITERARY Text: Poem Annotating involves interacting with the text and making meaning of what you are reading rather than simply reading for theme. Every so often, stop and record OBSERVATIONS about different elements that you see in your poem such as tone,  speaker, language,  imagery, symbolism, or other

English homework

Discussion Board 5: The Victorian Age and Modernist Age   For this discussion board, you will choose any one of the following prompts. Once you have made your selection, please draft your initial post based on the instructions below. a.  The poem, The Last Duchess” is called a dramatic monologue

English english homework

DISCUSION 4 :REPLY Post 1) The book  Gulliver’s Travels by Jonathan Swift contains several stories, but the one involving the Yahoos is the most interesting and reflective. The Yahoos were human-like brutes, or at least that is how Gulliver viewed them. Throughout the story, the Yahoos are portrayed as selfish and

mus

Mamie Smith, Gertrude “ma Rainey”  and Bessie Smith, very emotional singers, with strong and personal styles. PROMPT: 1/What role did women play in blues song/music during 1920s and 1930s? 2/What are some examples of the relationship between music and identity in American popular music? I am looking forward to reading your statements

WWE6

Imagine the group you have been designing has had the opportunity to meet for at least two sessions. Over the two group sessions, some topics have surfaced that are challenging for group members. Choose three of the topics from the following list that have surfaced in your group. o  

Week 6

Week 6 Introduction “Since you cannot do this very little thing, why do you worry about the rest? Consider how the wild flowers grow. They do not labor or spin. Yet I tell you, not even Solomon in all his splendor was dressed like one of these. If that is

Week 5

Week 6 Introduction “Since you cannot do this very little thing, why do you worry about the rest? Consider how the wild flowers grow. They do not labor or spin. Yet I tell you, not even Solomon in all his splendor was dressed like one of these. If that is

English HOMEWORK

Week Two: June 16-22 This week you will read a selection of literary works from the Tudor Age to the Age of Revolution. Students will study works of prose, poetry, drama, and fiction in relation to their historical and cultural contexts. Texts will be selected from among a diverse group

English Homework

Interview a Fictional Character Completing this assignment will fulfil the requirements for the Dallas College Critical Thinking Core Competency Assignment. The Critical Thinking Core Objective allows students to develop a wide variety of skills: · Analyze issues · Complex/creative problem solving: anticipate problems, solutions and consequences · Knowledge application: apply

English homework

As with all discussion boards, your initial response should be at least 300 words. Then reply to two (2) other posts. Your response should be of at least 100 words each.  Feel free to exceed these minimum requirements. Try to pick students who do not have any comments yet. When commenting, please add

English homework

1) To that end, please begin your post with the following statements: ”I have not used AI to write any part of this post for me. I would not do that, because I am not a dishonest person.” I will deduct 10 points if these statements are missing from your

Week4

Week 4 Overview We will be studying “the most significant psychologist of the twentieth century:” The person-centered therapy of Carl Rogers. The foundational principles he developed expound on the creation of a strong healing relationship with a client. These principles have become germane to most of the therapies we will

English Homework

26 April 2024 Form 1009W, Special Assessing Writing Analytical Essay Version 2.1 1 SHARP THE NCO LEADERSHIP CENTER of EXCELLENCE Senior Leader Course NCO Common Core Competencies Form 1009W, Special, Assessing Writing STUDENT’S NAME: ASSIGNMENT TITLE: Analytical essay DATE: FACILITATOR’S NAME: RATING: Unsatisfactory 0% Did Not Meet Standard 69% Met

HelP

Lets Talk Research Essay Assignment Overview The major project in this class is your persuasive research essay. Your research essay must be a 10-12 page (approximately 2500-3000 word) essay that takes a clearly definable stance regarding an issue, supports it with credible research, and defends it effectively in an appropriate