Discussion Questions

  1. 7.1 Do you agree with the following statement: “With proper planning, it is possible to eliminate most/all risks from a project”? Why or why not?

  2. 7.2 In evaluating projects across industries, it is sometimes possible to detect patterns in terms of the more common types of risks they routinely face. Consider the development of a new software product and compare it to coordinating an event, such as a school dance. What likely forms of risk would your project team face in either of these circumstances?

  3. 7.3 Analyze Figure 7.2 (degree of risk over the project life cycle). What is the practical significance of this model? What implications does it suggest for managing risk?

  4. 7.4 What are the benefits and drawbacks of using the ...

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