Assignment Papers- Why is it the primary responsibility of the project management team to be the reviewer of risks and controls in project management?
Success of the project is an inherent/common risk of any project, and for the greatest majority of project funding is an inherent risk/common as the major portion of projects are funded from operations and subject to the changing economy and market conditions. Change is also an inherent /common risk of any project especially since a project is about change, but can you mitigate this inherent risk and if so how?
3. What are the benefits of using a risk management information system?
4. Why use simple tools like Excel in a risk workshop?
5. What are the main differences between monitoring and review?
6. What could be discussed under the agenda item ‘risk management’ during a regular project meeting?
7. What are the aims of root cause analysis?
8. It should be noted that there are two distinct elements to this step in the risk management process: monitoring and reviewing. They are different but why are they needed to provide the level of assurance required?
9. Why is it the primary responsibility of the project management team to be the reviewer of risks and controls in project management?