Project Management Case Study

· Answer the following questions with 500 Words.

Assignment Question:

Please read the Case-7.1 “Alaska Fly-Fishing Expedition.” from Chapter 7 “Managing Risk” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 241 also refer to specific concepts you have learned from the chapter to support your answers.  Answer the questions asked in case study as deliverables where you should consider the milestones and technical requirements. Also refer to the figures from textbook mentioned in the case study.

Questions:

1. Identify potential risks associated with this project. Try to come up with at least five different risks. 

2. Use a risk assessment form similar to Figure 7.6 to analyze identified risks. 

3. Develop a risk response matrix similar to Figure 7.8 to outline how you would deal with each of the risks