Business Finance
PJM 410 Risk Monitoring a Project Discussion

PJM 410

PJM

Question Description

I’m studying and need help with a Management question to help me learn.

PJM410 MOD8 Discussion Post:

Please reply to the below discussion post in at least 250 words.

Required

  • Chapter 13 in Project Risk Management: A Practical Implementation Approach
  • Chapter 3 in A Guide to the Project Management Body of Knowledge (PMBOK® guide) (6th ed.)

Recommended

References

Bissonette, M. (2016). Project risk management: A practical implementation approach. Newtown Square, Pennsylvania: Project Management Institute.

Kumar, V. S. (2009). Essential leadership skills for project managers. Retrieved from https://www.pmi.org/learning/library/essential-leadership-skills-project-managers-6699.

Larson, E. W. & Gray, C. F. (2018). Case Study 7.3. In Project management the managerial process (5th ed., pp. 255-256). New York, NY: McGraw-Hill Education.

Project Management Institute. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.).Newtown Square, PA, USA: Project Management Institute.

Project Management Institute. (2009). Practice standard for project risk management. Newtown Square, Pa: Project Management Institute.


POST:

Project documentation, scheduling, and planning are vital to the success of any project, but the risk management plan is executed through monitoring and controlling. As a project manager, what method will you use to monitor project risks? How can the results of risk management be used to gain further support for risk management in your organization?

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Final Answer

Attached.

Running head: RISK MANAGEMENT

1

Risk Management
Student’s Name
Professor’s Name
Course Title
Date

RISK MANAGEMENT

2

Risk Management
Risk monitoring of a project involves the identification, analysis, and planning for new risks
and managing risks identified. A project manager plays an essential role during the process of
monitoring risks. As a project manager, I would conduct performance measurement to monitor
...

MercyK254 (19725)
Carnegie Mellon University

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