Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Identify at least two project risks for each of the following risk categories: Scope risk Scheduling risk Resource risk Technology risk Outline three examples of
- Identify at least two project risks for each of the following risk categories:
- Scope risk
- Scheduling risk
- Resource risk
- Technology risk
- Outline three examples of tools or techniques that could be used to identify risks as part of a risk assessment process.
- Outline three sources of information that can be used to gather information on potential risks within the workplace.
- Explain each of the key components of a risk management plan.
- Summarisethe purpose of Australia/New Zealand Standard for Risk Management (AS/NZS ISO 31000:2009) and identify the key principles underlying this risk management standard.
- Describe thecharacteristics, techniques and appropriate applications ofboth quantitative and qualitative risk analysis.
- Outline the key steps involved in a risk management process.
- Explain five options for controlling risk.
- Complete the table below to provide examples of risk classification and risk context for a variety of industries.The first row has been completed as an example.
Industry | Risk context examples (at least two each) | Risk classification (Environmental, Geopolitical, Societal, Economic, Technological, Operational, Resource, Security) |
---|---|---|
Politics | New Labour policies implemented | Societal risks, Economic risks |
Education | ||
Mining | ||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started