1. State the importance of identifying risks and categorizing them as high, medium or low probability. Explain why risks associated with the critical path of
1. State the importance of identifying risks and categorizing them as high, medium or low probability. Explain why risks associated with the critical path of the project need special attention.
2. The “triple constraint” in project management is traditionally time, resources and scope. Provide an example of a project you have been involved with that had limited resources. What types of resource constraints affected the project, and how?
Step by Step Solution
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Step: 1
1 RISKS Risks can be identified as potential problems or a situation which if it materializes can adversely affect the development and outcome of a project Kerzner H R 2013 Generally all projects have ...
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Step: 2
Step: 3
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Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
