Describe a project that you are currently involved in--either at work or home. Briefly describe the project and then respond to the following questions as they apply to your project:

A project that I am currently involved with at work is an expansion of credit card loans essentially the buy box. I don’t want to get into specifics about the bank’s strategies but the goal is to add more accounts.

• Why is Risk Management necessary for this project?
• What are the consequences if Risk Management tools are not utilized? (formally or informally)?
• Do you need to manage the change process for this project? What is the risk if you don't? (be specific)