Answer each question fully
1. Project Risk Management
You have been tasked to manage a facilities construction project for a non-profit organization. Specifically, the organization is undertaking a large project to build a 6000 square foot office and an attachedbuilding with 20 hotel style rooms for clients. The budget is tight and the organization needs to have these facilities as soon as possible.
The project is in the planning stage and you have some requirements documents and funding available. How would you use risk management on this project? Why would you use risk management?
What are the steps of your risk management process (use any model you like ie PMP, textbook, DoD etc)? What risk identification tools would you use on the project?
2. Operational Risk Management and Disasters
Briefly discuss some of the key causes of disasters and/or Operational Risk Management failures.
3. Briefly describe the main sources of project scope risks.