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RRC PROJ-1196 Project Risk Management

Assignment 4

Other Risk Management Tools


This assignment incorporates course content from Week 11
Review of Project Risk Management Tools
Up until this week of the course (weeks 1 through 10) we covered several Risk Management Tools that
cover the components of the Risk Management Framework (Plan, Identify, Qualitative Risk Analysis,
Quantitative Risk Analysis, Responses and Control).
Week 10 focuses on other tools that can be used as a part of Project Risk Management.
Assignment 4: (5 Marks)
Review the chapters of Risk Management Concepts and Guidance not covered In weeks 1 to 10
(Chapters 4, 7, 8, 10, 11,12, 13, 14, 18, 19, 21, 24, 27, 29, 30, 31,35)
Of the 16 tools outlined in these chapters, choose 5 tools to summarize.
For each tool summarize the following:
a) Name of the tool
b) When in the Risk Management Process is it used (Plan, Identify, Qualitative Risk Analysis,
Quantitative Risk Analysis, Responses and Control)
c) Brief description of what the tool is and how it is preformed
d) An example of situation when it would be beneficial to apply the tool
Note: The assignment must be submitted in a printer-friendly manner; formatted to one-page for per
tool; include a page title, your name, and date submitted on each page. Submit the assignment as a
single PDF file.