Measures to mitigate risks


Assignment:

Questions - 80 words per answer.

1. Determine measures to mitigate risks.

2.Best practices in risk management procedures

3.Describe typical reporting requirement

4. What components of risk management do you find most relevant to overall project monitoring and control?

5. Discuss available automated risk management tools

6. How could these tools be used in your project?

7. Based on the information provided regarding the PCNet project, was the formation of the RMO effective? Why or why not?

8. Best practices in risk prevention strategies

PARTII What are primary components of a risk management plan?.- 200 words

PART III Write a paper of no more than 750 words following the outline of a risk management plan. Refer to the Risk Management Plan Outline as an example of what the outline must look like. The word count includes tables.

Incorporate all individual and team assessments.

Include a synopsis determining measures to mitigate project risks and these elements:

1. A minimum of two real-world risk management plans related to your project.

2. The viability of the plans.

3. A comparison of your proposed risk management plan with real-world standards.

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Business Management: Measures to mitigate risks
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