Tutorial 6: Risk Management

Updated WBS

For this week tutorial, we learnt about risk management and used it on our project. The picture above shows the possible risks that can happen in our project and the level of impact which can affect the project if the risks were to happen.
I feel that it is important to carry out risk management in a project as it helps the team estimate the extra time and delay needed to encounter the problems. Thus, we will be able to plan ahead and set aside additional time to finalise the completion of our project.