Deliverable Length: 300–500 words
Primary Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
For this Discussion Board, please complete the following:
According to A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) – Sixth Edition, monitoring risks refer to “the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project” (2017). This enables decisions to be made with the most current information about overall and individual project risks.
Using the CTU Library, please follow the steps below to find the article listed and discuss the questions that follow:
Doval, E. (2019). Risk management process in projects. Review of General Management, 29(2), 97–113.
What do you think about the project risk management methodology the author discussed in this article? Share examples to support your perspective.
Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide), Sixth Edition, Project Management Institute Inc., 2017.
*PMBOK is a registered mark of the Project Management Institute, Inc.