In module 3 you will study the Identify element of Roger L Van Scoy’s paradigm [Van Scoy 92, p.9]. In Identify you will learn how to write risk statement and the associated context statements in a standardized format using a risk information sheet. You will learn the difference between the risk statement and the risk context statement. Examples for both the risk statement and the risk context statement will be given and explained. You will read a hypothetical case study from which risk and context statements will be derived. Pre-requisite: Risk management Module 2. At the conclusion of the lesson, the student will be able to:
Module Assignment 2: What is a risk assessment? Cite three reasons to perform a risk assessment early in the project. Imagine that you were brought in to replace a retiring project manager of a project in the design phase. Would you delegate the task of performing a risk assessment? Discuss the ways a baseline of assessed risks would be valuable to you. The following publications contain more detailed information about the Analyze phase:
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