What is project risk management


Assignment

Review the reading assignments (see below), your own research, and the article by Runcie (2016) to answer the following questions:

• What is project risk management?

• What are the differences between agile project management and waterfall project management?

• Describe the differences between the handling of project risks in an agile environment and the handling of project risks in a waterfall environment.

• What do you think is the biggest difference between handling project risks in an agile environment and a waterfall environment?

Write 2 more paragraphs that are an introduction and conclusion to this topic.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Reading

Practice Standard for Project Risk Management, Chapters 1-3

A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Sixth Edition: Chapters 1-3 and Chapter 11, (pp. 395-400) and Section 11.1

The PMBOK Guide is a resource to be utilized throughout the Project Management concentration. Please keep your book for future courses.

PMBOK is a registered mark of the Project Management Institute, Inc.

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