You are the project manager of the NHH Project for your company and you have completed the risk analysis
processes for the risk events. You and the project team have created risk responses for most of the identified
project risks. Now, you would like to assign risk owners to the events. Which risk events should have risk
response owners?
Henry is the project manager of the QBG Project for his company. This project has a budget of $4,576,900 and
is expected to last 18 months to complete. The CIO, a stakeholder in the project, has introduced a scope
change request for additional deliverables as part of the project work. What component of the change control
system would review the proposed changes' impact on the features and functions of the project's product?
At the completion of a small project, the risk manager performs a risk audit and finds that several identified
risks had occurred, and the impact was significantly larger than expected. While the project remained on
schedule, the project budget increased by 50%. The project met all risk response milestones and no additional,
previously unidentified risks, occurred on the project.
Based on this information, what risk management process improvement should the risk manager recommend
for future similar projects?