The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered.

For this assignment, make sure you post your initial response to the Discussion Area by the due date assigned.

To support your work, use your course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA format.

Start reviewing and responding to the postings of your classmates as early in the week as possible. Respond to at least two of your classmates. Participate in the discussion by asking a question, providing a statement of clarification, providing a point of view with a rationale, challenging an aspect of the discussion, or indicating a relationship between two or more lines of reasoning in the discussion. Complete your participation for this assignment by the end of week.

Risk and Budget Management

"Risk management should be a planned activity and not regarded as an activity given cursory attention."

Based on your understanding of the topic, create a report in a Microsoft Word document to express your views on the following:

• If you determine a type of risk inherent to completing a project, how will you respond to the situation? Move out of the project immediately or analyze the risk and begin taking steps to respond to the risk. Discuss.
• As we discussed in previous weeks, there are five main process groups of a project:
  • Initiating
  • Planning
  • Controlling
  • Executing
  • Closing

Quality control should be important during each of these phases of the project. What are some of the types of quality control measures that should be taken with each of these process groups?

• What are some of the tools you can use to ensure quality throughout the project?

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