Course Solutions Uncategorized (Answered) : Question 4 Risk Projects Often Involve Several Risksbriefly Describe Five Risks 10 B Appro Q31154891

(Answered) : Question 4 Risk Projects Often Involve Several Risksbriefly Describe Five Risks 10 B Appro Q31154891

Question 4 Risk: a) IT projects often involve several risks.Briefly describe five of these risks (10) b) What are the appropriate actions that can be taken in response to any project risk (10) c) Which of the five appropriate actions on (b) is likely to be the most expensive? Explain and justify the choice of your answer The five appropriate actions (b) are either taken before risk occurs OR deal with the consequences after it happened. Explain when each type of action taken in response to a project risk takes place. (10) Describe the four standard types of risk strategy that could be used to manage individual risk (8) Explain x3 appropriate actions you could take to deal with risk of possible staff shortage (6) d) e) f)

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