Pm risk

19Jan 2022 by

Directions: Answer all the questions below as completely as possible. You want to write at least 150 words per question this minimum does not include citations (in-text notes per MLA or APA style) and complete bibliographic citations at the end. If you need help with MLA or APA, manuals are available in the ASU bookstores, online vendors, and online resources. If you are using a media link, be sure to include it. In writing your answers, always include the number so we know which one is being answered. Lastly, there is no right or wrong answer you just want to engage the items as best you can.

Why is it so important for any project organization to set up an effective risk management framework? What are the key elements of the risk management process and how does each contribute to the effectiveness of a risk management framework?
Reflect on a project you have been involved in. What kinds of risks were introduced in this project and how were they mitigated?