Assignment:
Question 1: Describe how uncertainty analysis follows a project from the beginning of a project through the close of the project. Why is it important for uncertainty analysis to continue through the duration of the project?
Your answer must be at least 200 words in length.
Question 2: What are the three risk dimensions a project team needs to address when assessing for project uncertainties? What are possible sources that can affect project uncertainty?
Your answer must be at least 200 words in length.
Question 3: Explain why it is important to plan for uncertainties and how to implement a strategy to address possible risk factors.
Your answer must be at least 200 words in length.
Question 4: Chapter 6 presents several tools that can be useful when assessing for project uncertainties. Compare and contrast risk mapping, FMEA, and the gut-feeling method. Which method do you feel is most productive? Why?
Your answer must be at least 200 words in length.
Please include in-text citation for all your work
References:
Brown, K. A., & Hyer, N. L. (2010). Managing projects: A team-based approach. New York, NY: McGraw-Hill/Irwin.