Question: Question 1 Schwalbe (2015) indicates that risks can be assessed qualitatively and quantitatively. Assume that you are the project manager of the project to roll

Question 1

Schwalbe (2015) indicates that risks can be assessed qualitatively and quantitatively. Assume that you are the project manager of the project to roll out the new card identity books (IDs) that replaces the old green book IDs in South Africa. Critically discuss how you will assess the risks associated with the project qualitatively and quantitatively. ( 20 marks ).

Question 2

Effective risk management involves a commitment to risk management by stakeholders, top management, the project steering committee, the project manager and project team members. Certain principles are required for prudent project risk management. Consider that you are the appointed project manager of a project to provide electricity to a new residential suburb in the Cape Town area. Critically discuss the risk management principles that you will consider as the project manager of the above-mentioned project. (20 Marks)

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