Q1 Clearly one of the best things you can do to avoid risk is planning for it. Certainly good project managers understand that having a plan for managing risk is essential, especially with larger organizations and larger projects where interaction with risk factors becomes an inevitable reality of the work place. Keeping this in mind describe the essential elements a project manager can do to indeed manage potential risk. What steps can he/she take to make sure the right steps have been taken? Be specific and reference back to the reading.

Q2 In the readings for this module the author specifically talks about the critical chain approach and its impact on the project management process. For this discussion question reflect on this process and specifically articulate why this process is essential to the learning objectives associated with this module.