Description
Based off the attached work already completed
- List the project team members and stakeholders (at least 4) that can be utilized to assist in identifying risks.
- What risk identification techniques will you utilize, and why do you believe that these will work best for your project?
- What diagramming techniques will you use to fully explore specific types of risks?
- Risks can be prioritized utilizing impact analysis. Identify the impact scales that you intend to use for both the impact to the major project objectives and the likelihood.
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Explanation & Answer
Attached.
Running heading: Developing the risk management strategy
Project Management – developing the risk management strategy
Name
Institution
Professor’s name
Date
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Project Management Risk Assessment
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Project stakeholders
Risk identification in project analysis is an essential part of project management. It
involves many stakeholders that can jointly be utilized to identify these risks. These project team
members and stallholders may include the following: the project manager, creditors, suppliers of
material and the employees. All of these stockholders form part of a large group that can give
details on where the project is likely to give face risks.
Risk identificati...