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Assignment-4 Fudamentals PM
Assignment-4 Fudamentals PM
Assignment-4 Fudamentals PM
as Roads
In road projects, each knowledge area plays a critical role in ensuring the
successful completion of the project. There are several knowledge areas that are
addressed in road projects, including:-
8. Project Risk Management; - involves identifying potential risks to the project and
developing strategies to mitigate them. In road projects, this includes conducting risk
assessments, developing risk response plans, and monitoring the project's
performance against risk metrics. It also involves managing risks that may arise
during the project. Additionally, to overcome increase the probability and impact of
positive events, and decrease the probability and impact of events adverse to the road
project.