Discussion 12- Project Risk

Chapter 14: Project RiskInitial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.Also, provide a graduate-level response to each of the following questions:

1. What are some examples of internal drivers of an organization’s risk culture? Resource allocation, risk attitude, risk appetite, risk tolerance, employee records
2. What are some examples of external drivers of an organization’s risk culture? Political, social, economic, and technological 
3. How can an organization’s risk management function create organizational value?

[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!] 

Text

Title: Managing Project Risks 

ISBN: 9781119489733 

Authors: Peter J. Edwards, Paulo Vaz Serra, Michael Edwards 

Publisher: John Wiley & Sons 

Publication Date: 2019-08-13