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
