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