Implementing Risk Management

Summarize the selected project and describe the primary failures of traditional project risk management. Describe the levels of uncertainty and complexity for the project. Determine what the project manager should communicate to the customers about the project unknowns. Relating to the selected project, identify and discuss the risk identification for selectionism and learning. Discuss the contingency planning approach and the management challenges of informing stakeholders. Analyze the process for diagnosing uncertainty and complexity in projects. Examine the planning process for project contingencies. Use technology and information resources to research issues in managing project risk.                

Sample Solution