MGT5PMT Project Management - Questions On Enterprise Risk Management

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W7.2: Enterprise Risk Management

Task: Watch this video on enterprise risk management by Thomas Stanton and answer the following questions:
https://www.youtube.com/watch?v=voGyHN-tWMg

  1. What made some organisations successful and others not successful when managing projects? 
  2. Why do organisations wait for problems to occur in a project before they act? 
  3. He suggests that organisations should ask one major question – what was that question?
  4. He also proposes that organisations look at ………. Risks. Why is that? 
  5. What was the question that Thomas Stanton asked at Goldman Saacs? And what was the reply? 
  6. According to Stanton what do you need to make enterprise risk management work?

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