BSBPMG536 Manage project risk

Subcode– BSBPMG536 Assignment Help

Title– Manage project risk

Words limit – task 1 – 400 words, task 2 – 2400 words, task 3 – 700 words

Student Declaration 2

Task 1 – Knowledge Questionnaire 5

(What is this assessment task about?

What do I need to do to complete this task satisfactorily?

Specifications

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Re-submission opportunities)

Answer all the questions below: 6

Question 1 —Choose two risks from list and identify them 

Question 2 — Four key components of risk management in 30 -50 words each component 

Question 3 —-Three project risk control methods in 30- 50 words for each method 

Question 4 — Two industry risk classification in 30- 50 words for each classification 

Question 5 —–Risk frame work of industry in 50- 100 words 

Question 6—- Three risk management processes and procedures in 30- 50 words for each

Question 7—-Describe characteristics, techniques and appropriate applications of

quantitative and qualitative risk management techniques and approaches in 50 -100 words for each 

                                                  Task – 2 

Plan and implement project risk management

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Task 2.1 Identify project risks

identify project risks by: Conducting two consultation sessions

• Applying risk identification methods
• Finalising risk identification for the project at the planning stage

 

• Consultation 

• Identify and categorise project risks

• Risk identification methods

 

Task 2.2 Analyse project risks

 

• Risk Analysis

• Finalise risk analysis in consultation with stakeholders

• Reflection

 

Task 2.3 Establish risk treatments and control

 

• Risk Control

• Project Risk Management Plan

• Implement risk treatment

 

Task 2.4 Risk Management for Project Team Work

 

                            Task — 3 

Monitor, control and assess project risks and project risk management

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Task 3.1 Monitor and control project risks

 

• Risk review processes

• Case Study Scenario

 

Task 3.2 Assess risk management outcomes

How risks were planned and managed in Task 2 and 3.1

 The work with the project team

 Changes in circumstances

 Response to risks

 Implementation of risk management processes

 

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