Homework: Project Risk Management
Length: 3 pages.
Read the scenario below, and then answer the questions that follow in a 3 pages analysis. The questions will guide your analysis of the situation, but they need to be presented as part of the discussion preparation that you are completing for your boss.
Scenario:
You are a project manager working in the mortgage banking industry. Your manager informed you that government agency auditors are coming to the headquarters to perform an audit. The emphasis will be on the risk management program. This audit is very important because penalties for noncompliance can be high. This audit is a top priority for the entire company, and your manager has asked you to be prepared to answer questions about the bank's risk management program.
Your manager told you to review and analyze all documentation associated with managing risks and to explain the following:
i. Different types of risks that your bank manages
ii. How threats and opportunities are identified, analyzed, responded to, and monitored
iii. The risk management plans that the bank has in place
You should know everything from program-level to risk management documentation used in each phase of the process, as well as the tools and techniques used to manage risks.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.