Key components of a risk management plan


Assignment:

Provide answers to all of the questions below:

1. Identify at least two project risks for each of the following risk categories:

a. Scope risk
b. Scheduling risk
c. Resource risk
d. Technology risk

2. Outline three examples of tools or techniques that could be used to identify risks as part of a risk assessment process.

3. Outline three sources of information that can be used to gather information on potential risks within the workplace.

4. Explain each of the key components of a risk management plan.

5. Summarise the purpose of Australia/New Zealand Standard for Risk Management (AS/NZS ISO 31000:2009) and identify the key principles underlying this risk management standard.

6. Describe the characteristics, techniques and appropriate applications of both quantitative and qualitative risk analysis.

7. Outline the key steps involved in a risk management process.

8. Explain five options for controlling risk.

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Risk Management: Key components of a risk management plan
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