Master of Business Administration Semester 4 Subject Code PM0007 Subject Name Project Risk Management 2 Credits

(Book ID: B1153)

Assignment Set- 1 (30 Marks)

Note: Each question in total carries 10 Marks. Answer all the questions. Q 1. Describe the five phases of risk management process [10 Marks] [10 Marks]

Q 2. Describe in brief the basic principles followed by the GMP principles.

Q 3. Write short note on the following risk categories: [52=10 marks]. a. Operational risks b. Schedule risks c. Budget risks d. Business risks e. Technical environment risk

Master of Business Administration Semester 4 Subject Code PM0007 Subject Name Project Risk Management 2 Credits
(Book ID: B1153)

Assignment Set- 2 (30 Marks)

Note: Each question carries 10 Marks. Answer all the questions. Q 1. Describe the seven step risk management planning process . [10 Marks]

Q 2. Write advantages & disadvantages of the following: [52=10 marks]. a. Brainstorming b. Interview c. Consulting Experts d. Study project documentation e. Stakeholder analysis

Q 3.Describe benchmarking, its advantages & limitations [10 Marks]