Question: Explain one risk that you encountered (preferably form a project or from your work). When did you first realize that there might be a risk?

Explain one risk that you encountered (preferably form a project or from your work).

  • When did you first realize that there might be a risk?
  • What did you do to prepare for the risk (mitigate? avoid? transfer?)
  • What was the first sign to you that the risk was starting to happen?
  • Was your risk response plan successful? Why or why not?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

It is routine to encounter risks in your projects, in your day-to-day work, and in your lives. Explain one risk that you encountered (preferably from a project or from your work). When did you first...

Q:

Paragraph Styles Z CHEDOR Project Fall 2019 Also, prepare a corresponding data listing' for the prototype database. Identify where different fields/attribute names provide the same information and...

Q:

question 2.Elaborate on risk assessment as per the Task Initiation Procedure (TIP) and oversight processes TETRA TECH EC AND RISK MANAGEMENT As Don Rogers, chief operating officer of the remediation...

Q:

Based on the selected article Repairing ERP , answer the following questions: What is the basic theme of the article? Try to state it in just one or two paragraphs. Did the article present a good...

Q:

Based on the article below, Repairing ERP , answer the following questions: What is the basic theme of the article? Try to state it in just one or two paragraphs. Did the article present a good...

Q:

LEAN QUIZ This quiz is based upon: Staats, B. R., & Upton, D. M. (2011). Lean knowledge work. Harvard Business Review, (October), Complete 5 of 7 questions correctly for maximum of 5 points. Which is...

Q:

Based on the Defence Project case study (The Defence Project) answer the following questions: 5.1 Appraise the relevant aspects of the project risk that contributed to problems encountered. (5 marks)...

Q:

use above case study to ans the question 5.1 Appraise the relevant aspects of the project risk that contributed to problems encountered. (5 marks) 5.2 Critically assess the extent to which those...

Q:

Hyten Corporation On June 5, 1998, a meeting was held at Hyten Corporation, between Bill Knapp, director of sales, and John Rich, director of engineering. The purpose of the meeting was to discuss...

Q:

Individual Case Study Assignment: Hyten Corporation On June 5, 1998, a meeting was held at Hyten Corporation, between Bill Knapp, director of sales, and John Rich, director of engineering. The...

Q:

In a paper, compare and contrast audit procedures and reporting within a business context. Include the following: Discuss the different audit reports. Under what circumstance is each report used?...

Q:

Cluster sampling and stratified sampling both involve selecting subjects in subgroups of the population. What is the difference between those two types of sampling?

Q:

Which of the following statements regarding Regulation D is not accurate? Regulation D can be used to issue equity or debt. Regulation D allows smaller companies greater access to the capital...

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...