SECTION B [60 MARKS] Answer ANY THREE (3) questions in this section.

QUESTION 3 (20 Marks) Assess the key steps and components involved in implementing the ISO 31000 risk management process, and how organisations can ensure that they effectively integrate risk management into their overall decision-making and operations.

QUESTION 4 (20 Marks) Using examples, critically assess the various risk response strategies commonly used in managing project risk.

QUESTION 5 (20 Marks) There are specific planning tools and techniques designed and refined since the advent of project management. Select an industry of your choice and evaluate ANY FIVE (5) tools and techniques that is used in project management.

QUESTION 6 (20 Marks) Critically discuss the significance of incorporating the typical elements of a project communication plan, and how can these elements be leveraged with specific examples to enhance the overall project success.