Evaluate how the effective implementation of risk management processes throughout the project life cycle can aid in ensuring successful project delivery

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The APM state that all projects are inherently risky, because they are unique, constrained, complex, based on assumptions and performed by people (2006, pg26) and so the consideration of effective risk management is vital for the successful management of projects.

There are processes by which risk can be managed, such as the APM Risk Management Process shown below:

Using the APM risk management process as a starting point, evaluate how the effective implementation of risk management processes throughout the project life cycle can aid in ensuring successful project delivery. Within your answer you should discuss the processes as a whole and the individual requirements of each process element, and critically evaluate the importance of effective management of project risks in relation to achieving corporate aims and objectives.

Assignment Specification Requirements
The essays should be no more than 2,000 words in length (+/-10% i.e. maximum 2,200 words, minimum 1,800 words) including all quotes and citations but not including bibliography.

Submissions should be formatted using Arial font size 12 with a 1.5 line spacing and submitted on Moodle via the designated hand in link. You are required to complete and attach the Reflective Front Sheet to your submission and work must include your name, and student number.
Essays will be marked and feedback provided via Turn It In.

 

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