Discussion Question A:
Risk management is a matter of identifying the situations that could cause your project to fail. Common risks include loss of staff, decreased funding, decision point approvals not completed in a timely manner, and content not being available. Brainstorm three or four other risks that you have seen in your professional experience. If you are having trouble identifying projects, brainstorm with your classmates or contact your instructor. Once you have 3-4 risks, identify at least two ways to prevent each and two ways to resolve them, if they happen in spite of your preventions. Post your ideas.
Discussion Question B:
How does the Work Breakdown Structure (WBS) help to minimize risks? How often should a risk analysis be conducted? Why are risks often overlooked?
Assignment:
In a 2 page (minimum) paper following APA format, answer all of the following questions: Explain the relationship between work breakdown structures (WBS), network diagrams, and risk management. Give an example of each and backup your data using credible research from online resources.
Be sure to follow up your suggestions with data from credible resources. Remember that your title and reference page are not considered in the minimum page count requirements.