Identify an organization/job that you are currently working in or have worked at in the past. Give a brief overview of the organization

This week, the assignment is to think about your own experience with projects and answer the following questions related to risks.

1. Identify an organization/job that you are currently working in or have worked at in the past. Give a brief overview of the organization. If it is the same organization from last week’s assignment, think of a different way to describe the organization that would help us understand the risks you will be discussing. Based on your knowledge of the organization, answer the following questions specifically related to risk management:

2. Identify a project you would like to see implemented in your organization – it can be a technology or business specific project. Give an overview of the project and why it the project would be important to your organization. Please be clear in your explanation; all of your classmates work in different areas or industries and may not be familiar with your particular work area. If possible, please refrain from using jargon or industry specific acronyms.

3. Identify and discuss at least one type of risk that may originate for each of the following four areas. Thoroughly explain (a) why you consider it a risk, (b) the impact this risk has on the success of the project, (c) the impact this risk has on other areas of the organization, and (d) what can be done to mitigate the risk.

Areas (based on ‘Hexagon of Excellence’ (Kerzner, 2014, p. 303):

Management/Executive Support

Culture/Employees

Knowledge/training on implementing successful projects

Integration of project into other organizational processes

4. How can top management facilitate effective risk management for your project?