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1. Please read through my professors lecture slides first : EGR4050 – Lesson 3 – MANAGING RISK.ppt
2. You are reviewing proposals submitted for the “Lambert Park Phase 2” project. Then study the MIG and David Volz Design RFP, and use the EvalMatrix Sheet to score their proposals (you dont need to evaluate their cost)
3. Evaluate the risks associated with completing this project by using a risk matrix. Identify at least 6 important threats, define your probability and cost scales, evaluate the risks and list the threats in order from highest to lowest risk.
4.Of the risks you identified, which risks should you mitigate? What steps could you take to manage and/or mitigate the risks you identified.
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