View the step-by-step solution to:

Question

Controlling risks, also referred to as "Risk Treatment", will assist you in determining WHAT should be done in

response to the risks that have been identified, in order to improve project outcomes. Fundamentally, the concept of controlling risks emphasizes the fact that, unless action is taken, the risk identification and assessment process has been wasted. Risk treatment converts the earlier analysis into substantive actions to reduce the levels of those risks with negative consequences and exploit the risks with positive consequences.

Applying your understanding of the concept of Controlling Risks, please share at least two risks that you have identified in completion of a job tasks or project (in a past or present role) and the specific actions you have taken to improve outcomes.

In your response, consider the following:

  1. What was the objective of your Control (Treatment) Plan?

a.To impact the likelihood that the risks would occur?

b.To impact the consequence that the risks would have on your project?


2.Was your Control (Treatment) Plan effective? Why or Why not?

3.What would you do differently next time you have to develop and implement a new control plan? Please Explain.

Top Answer

The answer is... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question