Review the following common risks that may be encountered when planning a project. These items may significantly impact the project cost and schedule and the activity duration and cost estimates and ultimately affect the final project results.

For each risk identified, provide a possible preventive action or response.

a. Poorly defined requirements

b. Lack of qualified resources

c. Lack of management support

d. Inexperienced project manager

e. Unreliable estimates from functional managers

f. New technology or work that has not been performed previously g. Unreliable subcontractors