In Week 2, you reviewed the lecture, 'Risk/Opportunity Management,' and discussed this technique from the perspective of using it to identify potential projects to help an organization either avoid risk or exploit an opportunity. This week's lecture revisited some of those concepts and applied them in a different way.

With those lectures in mind, along with material from the Gido text, identify three things that you think might be a risk to the project you proposed during Week 4. Describe each risk, assess it in terms of impact and likelihood of occurring, and suggest a response for each. (Note: You can recycle this as a part of your Project Management Plan deliverables!)

Answer rating: 100% (QA)

Risk Identification for the Proposed Project Resource Constraints Risk Description This risk refers to the possibility of inadequate resources such as budget manpower or equipment to execute the proje... View the full answer