This week emphasizes risk monitoring and reporting practices. You will be exposed to the risk monitoring and reporting in the context of a project. You will also explore the risk management theory. You will not only have an opportunity to answer a discussion question but you are required to respond to one other student to compare and contrast your understanding of risk management with their response.
Note: This is a two part question. Ensure your response and replies is a minimum of 200 words each and include two in text citations from two different sources.
- Why is the monitor and review process so important? Think about a time you were involved in a project and the risk monitor and control process was missing. Explain how the process would have turned out differently if this step was identified?
If you have never worked on a project where the risk monitor and control process was missing review your selected project scenario for this course and or locate a project from another source, where the risk monitor and control process was missing. And explain how the process would have turned out differently if this step was identified?
