1. (TCO 2) Who would be considered stakeholders? What characteristics would they

Question

1. (TCO 2) Who would be considered stakeholders? What characteristics would they have?

2.(TCO 4) What are the characteristics of a risk owner?

3. (TCO 7) What is a minor review? What function does it have in risk management?

4. (TCO 8) The focus of the post project review is to take advantage of what?

1. (TCO 1) This is a two-part question. (A) Explain the difference between risk and uncertainty; and (B) how do we decide the actions we will take once we identify the risks?

2. (TCO 2) Identify the risk threshold zones and discuss what actions each requires in managing risk

3. (TCO 5) Why should we carry out major and minor reviews and what are the differences between the two types of reviews? (Points : 30)

Explanation / Answer

1. (TCO 2) Who would be considered stakeholders? What characteristics would they

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