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1. By definition, project risks are uncertainties that could be negative or positive. What are some of the negative risks and positive risks that you feel a project could experience? Share an example...

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1. By definition, project risks are uncertainties that could be negative or positive. What are some of the negative risks and positive risks that you feel a project could experience? Share an example of a negative or positive risk that you have experienced or that someone you know has experienced. Give your classmates some insight.


2. Why do you think the risk register is considered as the heart of the project risk management?

Answered Same Day Oct 11, 2020

Solution

Csassignment answered on Oct 12 2020
148 Votes
1
RISKS IN PROJECT MANAGEMENT
RISKS IN PROJECT MANAGEMENT
There exist certain kinds of risks involved in the project management the most common types of risk are cost risk, schedule risk, performance risk. There are many other risks to that can generate these common risks, such as governance risk, strategic risks, operational risks, market risks, legal risks, external hazards, etc (Kerzner & Kerzner, 2017). In a project, there exist both kinds of risks, that is, positive and negative. The positive risks would
ing a new opportunity for the team while the negative risks are more like a threat to the...
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