This paper circulates around the core theme of 1.2 Direct identification, documentation and analysis of program level risks, in consultation with stakeholders, as the basis for project risk-management planning together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 79. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Management and Leadership – Project Management
Elements and Performance Criteria
Elements describe the essential outcomes.
Performance criteria describe the performance needed to demonstrate achievement of the element.
1. Direct planning of program risk management
1.1 Select and modify the program risk methodology to match the context for risk
1.2 Direct identification, documentation and analysis of program level risks, in consultation with stakeholders, as the basis for project risk-management planning
1.3 Direct, support and mentor project managers in the analysis, evaluation and treatment of risks
1.4 Ensure risk management is visible and dynamic across the program so that risks are assigned and managed in a timely manner
1.5 Develop and maintain a program risk-management system to enable effective management and communication of risks, controls, treatments and outcomes to stakeholders across the program
2. Manage program risk
2.1 Direct management of the program in accordance with agreed program risk-management plans
2.2 Review progress, analyse variance and initiate risk responses to achieve program objectives in dynamic risk environments
2.3 Ensure risks are monitored and assessed across the program at agreed intervals
2.4 Direct response to actuated program risk (issues) and ensure remedial actions are authorised with impact analysis, to achieve program objectives
3. Assess program risk-management outcomes
3.1 Identify and document program residual risk to alert stakeholders of any transferred liability at program completion
3.2 Review and analyse program outcomes to assess the effectiveness of the risk-management methodology
3.3 Analyse, document and recommend lessons learned for application in other programs