Lectures 5-6

Question 1

What should be included in a communications Plan?

Answer 1

Why it should be communicated (purpose),
• Who should be communicated with (stakeholder),
• Who should do the communicating (point person),
• What should be communicated (message),
• When it should be communicated (impact, frequency, time frame),
• How it should be communicated (language, format, method,
technology), and
• How and when the plan itself should be updated – when any of the
above changes).

Question 2

What is Risk Management?

Answer 2

Risk Management aims to identify and assess risks to enable the risks to be clearly
understood and managed effectively

Question 3

What is a risk?

Answer 3

Risk is an uncertain event or condition that, if it occurs, has a positive or
negative effect on one or more project goals, objectives or actions.

Question 4

What is the process to manage risk?

Answer 4

1. Identify risks – develop checklist
2. Determine probability – L, M, H or 0.9. Scale?
3. Assess impact – consider duration, magnitude, critical path,
   thresholds
4. Rank and/ or prioritize
5. Develop responses – avoid, accept, monitor, mitigate, transfer
6. Review with stakeholders – get buy in on approach
7. Monitor

Question 5

What is a risk breakdown structure?

Answer 5

a hierarchical representation of risks according to their risk
categories.

Question 6

What are some tools for mitigating risk?

Answer 6

Risk Register
brainstorming
SWOT C
Delphi Technique
Checklist

Question 7

What is a qualitative Risk Analysis?

Answer 7

Risk score x probability

Question 8

What are the main types of offsetting?

Answer 8

Habitat creation, enhancement and restoration

Question 9

What are the two main approaches to habitat offsetting?

Answer 9

1. Conventional

2. Habitat Banking

Question 10

What are some of the proposed changes to the fisheries act?

Answer 10

Reintroduce HADD
Increase aboriginal engagement
Offsetting with habitat banking included