PJM410 MOD6 Discussion Post
Please respond to the below post in at least 250 words and APA cited references
Required
- Chapters 14 in Project Risk Management: A Practical Implementation Approach
- Chapter 11.6 in A Guide to the Project Management Body of Knowledge (6th ed.)
Recommended
- Carvalho, M. d., & Rabechini Junior, R. (2015). Impact of risk management on project performance: the importance of soft skills. International Journal of Production Research, 53(2), 321-340. doi:10.1080/00207543.2014.919423
- Kutsch, E., Browning, T. R., & Hall, M. (2014). Bridging the risk gap. Research Technology Management, 57(2), 26. doi:10.5437/08956308X5702133.
- Klakegg, O. J. (2016). Project Risk Management: Challenge Established Practice. Administrative Sciences (2076-3387), 6(4), 21.
References
Bissonette, M. (2016). Project risk management: A practical implementation approach. Newtown Square, Pennsylvania: Project Management Institute.
Larson, E. W. & Gray, C. F. (2018). Case Study 7.3. In Project management the managerial process (5th ed., pp. 255-256). New York, NY: McGraw-Hill Education.
Project Management Institute. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.).Newtown Square, PA, USA: Project Management Institute.
There
are several general questions that should be asked to initiate the risk
response thought process, and there are other more specific questions
(relative to project cost and schedule, and product technical/quality
performance) that can be asked. All resulting responses should be
aligned with project objectives and priorities. What are some of the
practical elements needed when determining project risk responses?