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From Scoping to Risks

Congratulations on completing Week 2 of the course! Hopefully, you’ve gained some key insights into how to develop a plan. During this week we started covering the ‘Plan’ stage of the Project Life-Cycle. You learned how to: identify the scope; identify the tasks, dependencies, and schedule; plan resources; and clarify trade-offs and decision making principles. All of these tasks are components of the “plan” phase.

During Week 3 of the course you will be introduced to another component of the “Plan” stage, developing a risk management plan. You will learn about the following topics: what makes projects risky; how to identify and assess project risks; scheduling risk analysis; cost risk analysis; and how to plan for ambiguity.

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This article is from the free online course:

Fundamentals of Project Planning and Management

Darden School of Business, University of Virginia