What are the 4 risk strategies for risk remediation?

What are the 4 risk strategies for risk remediation?

Need help with my Risk Management question – I’m studying for my class.

Part 1 A

Reflect on Chapter 1: Introductions, Chapter 2: An Overview of Risk and Chapter 3: Projects and Project Stakeholders and then type a two page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in project planning.

Also, answer the following:

1. What are examples of project risks?
2. How do you identify risks in a project?
3. What are the 4 risk strategies for risk remediation?

Part 1 B

#1 Back to basics to start this course:

1. 1. Define project.
   2. What are the five project process areas – give a short explanation of each.
   3. What are ten project knowledge areas – give a short explanation of each.
   4. Define Project Risk – list the major processes related to project risk – explain how risk remediation is a [part of every day of pur lives.
   5. What were the variables you were tracking related to quality? How would you define quality in this project?
   6. Why is risk a dynamic variable within a project?
   7. How can a risk be related to a desirable event?
   8. Did you anticipate any risks at the outset? Did the project experience any outside forces that caused a change in either the objectives or the approach to achieving those objectives?

   #2 What is Agile?

How is risk handled within an Agile project approach such as Scrum?

What are the 10 project knowledge areas?

In what ways can the following activities be seen as projects?

In what ways do they resemble ongoing, routine business activities?

Feel free to add assumptions and details to describe how the activity might be a project in one context and routine in another.

1. Reading the chapter before attending a university lecture.
2. Taking the bus to work each day.
3. Piloting an aircraft between Vancouver and Fiji.
4. Teaching a course for the first time; teaching the same course every semester.

Use Managing Project Risks text book attached for part 1(A and B) also refer to PMBOK

Note: Make sure to cite the references in the content as well as the reference section and follow APA format

Part 2A

Reflect on the Chapter. 9 Reducing Project Duration

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

1. It is possible to shorten the critical path and save money. Explain how.

Part 2A should be at least 500+ words and in APA format (including Times New Roman with font size 12 and double spaced).

Your post must be substantive and demonstrate insight gained from the course material.

Part 2B

After reviewing/reading Chapter 9 of the textbook, locate a Project Management Journal article among the thousands of journal articles online. The Project Management Journal article should tie directly into at least one highlight from the assigned chapter (Chapter 9) reading/review material for the week. This weekly paper should include at least 2 pages, but not more than 3 pages, in the narrative and it should be typed in APA formatting (title page, reference page, no abstract page, double-spacing, Times New Roman 12 font, 1 inch margins, in-text citations, etc…).

Your paper should contain the following headings:

• Introduction
• Summary of the article
• Relevant points made by the author
• Critique of the article
• Application of the concepts in the article

Textbook zip file is attached for Part 2

Note: Make sure to cite the references in the content as well as the reference section

It has 4 parts (1a,1b, 2a and 2b) so make sure to follow the requirement for each part

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