Get premium membership and access questions with answers, video lessons as well as revision papers.
1. Brainstorming- it is the most frequently used risk identification technique. Its main purpose is to compile a comprehensive list of risks that should be addressed in the risk analysis process.
2. The Delphi technique-under this method a consensus of experts can be reached on a subject such as a project risk. The main purpose of this technique is to reduce bias and minimize the influence of individual’s interests to the outcomes.
3. Interviewing-This is a method of identifying risks with the experienced project managers or with experts in the field. Interviewing helps in identifying risks on the project based on their experience, the project information and any other sources that they find useful.
4. The SWOT analysis- This ensures the examination of the organization from each of the SWOT perspective to increase the breadth of the risks considered.
skilled writter answered the question on April 27, 2018 at 17:39
- Discuss the internal risk identification checklist.(Solved)
Discuss the internal risk identification checklist.
Date posted: April 27, 2018. Answers (1)
- Describe the external risk identification checklist.(Solved)
Describe the external risk identification checklist.
Date posted: April 27, 2018. Answers (1)
- Describe how one should conduct an inspection(Solved)
Describe how one should conduct an inspection
Date posted: April 27, 2018. Answers (1)
- Describe how inspections in an organization should be conducted.(Solved)
Describe how inspections in an organization should be conducted.
Date posted: April 27, 2018. Answers (1)
- Describe the meaning of physical inspection and the various forms of inspection.(Solved)
Describe the meaning of physical inspection and the various forms of inspection.
Date posted: April 27, 2018. Answers (1)
- Name the factors that one should consider when selecting approaches to risk identification.(Solved)
Name the factors that one should consider when selecting approaches to risk identification.
Date posted: April 27, 2018. Answers (1)
- Briefly outline the three main purposes of the risk register.(Solved)
Briefly outline the three main purposes of the risk register.
Date posted: April 27, 2018. Answers (1)
- Highlight four demerits of indirect production(Solved)
Highlight four demerits of indirect production.
Date posted: April 27, 2018. Answers (1)
- Explain three types of production cost(Solved)
Explain three types of production cost.
Date posted: April 26, 2018. Answers (1)
- Outline four benefits of proper filing to an organisation?(Solved)
Outline four benefits of proper filing to an organisation?
Date posted: April 26, 2018. Answers (1)
- Why have banks found it necessary to start customer care department?(Solved)
Why Have banks found it necessary to start customer care department?
Date posted: April 25, 2018. Answers (1)
- Highlight four benefits that would accrue to a firm located near other existing firm.(Solved)
Highlight four benefits that would accrue to a firm located near other existing firm.
Date posted: April 25, 2018. Answers (1)
- Outline four circumstances under which face to face communication may be ineffective.(Solved)
Outline four circumstances under which face to face communication may be ineffective.
Date posted: April 25, 2018. Answers (1)
- Discuss the functions of management accounting(Solved)
Discuss the functions of management accounting.
Date posted: April 24, 2018. Answers (1)
- Explain five characteristics of a good institutional objective(Solved)
Explain five characteristics of a good institutional objective
Date posted: April 24, 2018. Answers (1)
- Describe the measures for internal budget control(Solved)
Describe the measures for internal budget control.
Date posted: April 23, 2018. Answers (1)
- What are the purposes of budgeting in an organization?(Solved)
What are the purposes of budgeting in an organization?
Date posted: April 23, 2018. Answers (1)
- State ways in which one can improve communication competence(Solved)
State ways in which one can improve communication competence.
Date posted: April 23, 2018. Answers (1)
- Explain four barriers of communication within a school(Solved)
Explain four barriers of communication within a school.
Date posted: April 23, 2018. Answers (1)
- Describe the various patterns of communication(Solved)
Describe the various patterns of communication.
Date posted: April 23, 2018. Answers (1)