Risk Management & PIR Understanding the process of risk management entails understanding the underlying factors that contribute to project risks.

1. The article by Zwikael and Ahn (2011) helping show the importance of risk management as a major factor in determining the success of a project. Zwikael

and Ahn (2011) use a multinational and multi-industry study to examine the effectiveness of risk management practices. He suggested the following hypotheses: o H1: The level of project risk varies across countries.

o H2: The level of project risk varies across industries. o H3: Project risk is negatively correlated with project success level.

o H4: Risk management planning moderates the relationship between levels of project risk and project success.

I welcome your thoughts on this.

2. How could you link between Post Implementation review (PIR) and risk management.

3. Explain at least two potential issues that may arise when a project closure is not performed, including how you might resolve these issues. Be specific and use

examples from your own personal experience to support your post. 4. Explain two ways a post-implementation review can enable a project manager to

improve future projects.