Risk in project management


Question 1: Planning is considered to be a key process in the Project Management. Describe the key areas which form part of the planning process highlighting the significance of each of them.

Question 2: Today Project Management is considered as a crucial component of any project undertaken by organizations. Describe why, in your opinion, this is the case. You must explain the reasons by enumerating the contrast with the conventional method of running a project.

Question 3: Define the term Risk in project management and describe how Risks can be managed once they have been identified and analyzed.

Question 4: Project Management process is considered to have both the Technological and Social Dimension. What do you understand by this statement?

Describe the components that form part of these two dimensions highlighting the significance of the component in the overall project management process.

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Project Management: Risk in project management
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