Assigned Readings: Chapter 15: Opportunity Risk ManagementChapter 16: Strategic Risk

 Assigned Readings:

Chapter 15: Opportunity Risk ManagementChapter 

16: Strategic Risk ManagementChapter 

19: Communicating Risk

TQM Conference Paper:  https://www.pmi.org/learning/library/ready-pm-total-quality-management-106

TQM Conference Paper:  https://www.pmi.org/learning/library/risk-management-tqm-design-projects-1900

TQM Conference Paper: https://www.pmi.org/learning/library/pm-tqm-inconsistent-theory-practice-3327

Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter. Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.

Also, provide a graduate-level response to each of the following questions:

  1. Briefly describe what role employees have as risk owners on a project team.
  2. Why is it important to define a project’s constraints in a project scope statement as it relates to risk control.

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