Discuss the following:
1. State the importance of identifying risks and categorizing them as high, medium or low probability. Explain why risks associated with the critical path of the project need special attention.
2. The “triple constraint” in project management is traditionally time, resources and scope. Provide an example of a project you have been involved with that had limited resources. What types of resource constraints affected the project, and how? Please comment if the limited resources also impacted the timeline and scope of the project.