What are some of the negative risks and positive risks


Assignment

Instructions

Previously in the course, you were asked to think of a project you have been involved with at your place of employment. Think of that same project, imagine that you have been appointed the project manager, and complete the following:

• Identify some of the positive and negative risks associated with this project, and then rank these risks based on their level of priorities.

• Discuss how each of these risks can affect the project team.

• Using the key processes of project risk management, propose risk-response plans to the identified risks, and identify how each team member can play a role in these plans.

Your assignment should consist of no less than three pages. Refer to the risk process examples in the Handbook of project-based management: Leading Strategic change in organizations textbook, Chapter 14. Remember to document your sources using APA format. Use the documentation to help bring even greater credibility to your ideas, thoughts, and process.

Resources

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1. By definition, project risks are uncertainties that could be negative or positive. What are some of the negative risks and positive risks that you feel a project could experience? Share an example of a negative or positive risk that you have experienced or that someone you know has experienced. Give your classmates some insight.

2. Why do you think the risk register is considered as the heart of the project risk management?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Risk Management: What are some of the negative risks and positive risks
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