1. Please describe the full risk management lifecycle and each step. Provide detail on the weaknesses of each step and what could be done to improve each step. Please do this in at least 150 words
2. You have been placed in charge of the global project. The project has struggled and is behind in budget and scope. What are the first steps you would do when crafting a risk plan. Please answer this in at least 150 words
3. In risk planning activities what are some of the key activities that take place and where are the biggest impediments? Please answer in 100 words or more
4. Please describe the usual steps you would plan for risk and give examples of each one. Please answer in 150 words or more
Following are text books: Guide to the Project Management Body of Knowledge, 5th Edition. Project Management Institute, 2008 Practice Standard for Project Risk Management ISBN, 2nd. Smith, Preston & Merritt, Guy, Proactive Risk Management: Controlling Uncertainly in Product Development 9th Edition
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