Assignment 3: Implementing Risk Management
Choose a project from the following Website: http://www.pmi.org/Business-Solutions/OPM3-Case-Study-Library.aspx
Your emphasis should relate to deploying network security appliances, using biometric technologies for network and physical security, managing organizational risk, or planning for disruptions. Note: You will need to conduct further research on the above selected topic using the Internet as a resource in order to address all of the questions / statements.
Write a six to eight (6-8) page paper in which you:
1. Summarize the selected project and describe the primary failures of traditional project risk management.
2. Describe the levels of uncertainty and complexity for the project.
3. Determine what the project manager should communicate to the customers about the project unknowns.
4. Relating to the selected project, identify and discuss the risk identification for selectionism and learning.
5. Discuss the contingency planning approach and the management challenges of informing stakeholders.
6. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.