Question: 1. At this point in the class you have been exposed to several ideas, concepts and strategy regarding risk management. Taking what you have learned so far and including your past professional experience as project managers/team members which part of the status cycle do you find the most important. Please be detailed in your response. Do you think your choice would still be important if the project was a risky or troubled project? If so, why? If not, what part of the status cycle is most important when dealing with a troubled/risky project? Details are required.
2. Read the article by copy and paste this link "Project risk management processes: improving coordination using a clustering approach" by Marle & Vidal. Really dive in and look at the methodology they are proposing. Based on what you read, what are your opinions of the Risk Clustering approach they are proposing as an efficient risk management approach? Please be detailed and feel free to use details from the article. Remember if you are going to challenge the article, you need to pull out specific ideas. If you are in agreement, you need to mention those items that support your thoughts.