Task 1:
Please contribute in the relevant forum topic by considering a project like a wedding and identify the risks
Task 2:
Contribute in the forum by revisiting the unit 2 activity: Produce a ‘top ten' risk list; and consider the 4 strategies of Risk avoidance; Risk acceptance; Risk transference; Risk mitigation and develop controls for the top 10 risks
Assignment Brief
The management of risk is proving to be one of the most difficult tasks for the project management profession. How can risk be managed effectively and who should be responsible for this task?
You are required to critically analyse the concept of risk; discuss how it can be measured and ranked and outline how a project risk management strategy may be constructed for a project of your own conception. In completing this assignment, you should address how appropriate practices can assist in minimising risk for your project.
This is an individual assessment worth 50% of the module mark. Word length 3000 words (do not exceed word limit). Do not include References in the word count.
Your paper should have a clear structure, with:
- a cover page (student number, module title, assignment title, word count (effective, not max), declaration of originality
- an abstract (300 words max, one single paragraph)
- a table of contents
- the main body of the paper - you have full creative control over the structure, but do use section headings to signpost your work
- references list - this is mandatory at Master level