Risk Management

Explain why each of the following inputs to risk management are needed before you can adequately perform the risk management process. Your responses to Exercise 1 should be 20 to 40 words (minimum) for each entry Inputs to the Risk Management Process Why are This Input Needed? Instructor Comments Project background information Historical records from previous projects Past lessons learned Company processes and procedures Organizations risk tolerances Organizational risk thresholds Company culture Project charter Project scope statement Team Work breakdown structure Work breakdown structure Network diagram Time and cost estimates Communications management plan Staffing management plan (part of the HR plan) Procurement management plan Stakeholder Management Plan      

Sample Solution