(August 2012)

Master of Business Administration - MBA Semester 4

Project Management Specialization
PM 0016 Project Risk Management (4 credits)
(Book ID: B1345)

ASSIGNMENT- Set 1
Marks 60
Note: Each Question carries 10 marks. Answer all the questions.

1. What are the responsibilities of project risk manager and project risk management
team in risk management?
2. Mention any five risk identification methods along with their advantages and
disadvantages
3.
a. Explain any two levels of Process Maturity Model

b. Mention the risk mitigation options through which risk mitigation can be
done.
4. Explain the various inputs and outputs of the risk identification process
5. Explain the different phases of Risk Assessment Cycle
6.
a. List the sources of scheduled risks.
b. What are the risk management principles

(August 2012)

Master of Business Administration - MBA Semester 4

Project Management Specialization
PM 0016 Project Risk Management (4 credits)
(Book ID: B1345)

ASSIGNMENT- Set 2
Marks 60
Note: Each Question carries 10 marks

1.
2.
3.
4.
5.
6.

Explain the Framework for PERT and CPM network.

What are the tips to remove the top three project estimating risks?
What are the objectives of change management?
What is Risk Retention in Project Risk Management?
Briefly explain the advantages of Project Risk audit?
Explain Risk Knowledgebase Database Structure