BU Project Risk Management to Positively or Negatively Affect a Project Discussion

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Overview and Rationale

In order to demonstrate proficiency with the content in this course we will complete a number of different assignments to validate your learning – and allow you to implement relevant practices a real-world setting.

Program Level – Student Learning Outcomes:

• Create a risk management plan to determine how both positive and negative risks will be identified, analyzed and managed

• Articulate the value and benefits of creating an effective approach to planning for project risk management

• Identify project related risks and their drivers by integrating best practices, tools and techniques

• Analyze risks using qualitative methods for the purpose of risk exposure and prioritization and communicate their impact to the stakeholders

• Analyze risks using quantitative methods for the purpose of risk exposure and prioritization and communicate their impact to the stakeholders

• Recommend risks for risk response planning or watch list

• Devise a risk response plan based on appropriate techniques and strategies that would meet

o Stakeholders’ expectations

• Execute the risk management plan to continuously monitor risks and risk responses

• Describe how organizational and cultural factors may undermine implementation of effective risk management and develop strategies to overcome these factor