Week 5 Flashcards
(5 cards)
1
Q
How are risks defined in a project?
A
Events that may cause;
increased scope,
delays and spending,
problems due to resource.
2
Q
What is the PRINCE2 risk handling theme?
A
Identify,
Assess and Plan responses,
Implement handling procedures mid-project.
3
Q
Who handles internal risks?
A
Project managers and stakeholders
4
Q
What are examples of internal risks?
A
Missing deadlines,
cost,
scope,
performance and value of a project due to technological difficulties.
5
Q
What are examples of external risks?
A
Fire,
flood or
other catastrophe
