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Marymount University Risk Management Questions

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  1. Project Risk Management (20 Points)

 
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 attached building 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)?
 
 

  1. Name and briefly describe 5 different identification tools. (15 points)

 
 
 

  1. Briefly describe the main sources of project scope and schedule risks. (15 points)

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