Whats the difference between a project risk and an issue

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Reference no: EM131034401

Question:

Please consider that you are just joining an organization as the lead project manager for a team already in existence. You are concerned about how to gain the respect, loyalty and continued performance of this new team.

What would be your response if a team member came to you with one or more of the following questions?

Why do we have to do all of this project documentation ahead of the real work?

What''s the difference between a project risk and an issue?

Should managers need to evaluate the level of risk before committing to IT projects? If so, why?

What risks did you encounter in your last project?

How do you actually track risks in a project?

Identify circumstances that could lead management to accept risk in a project?

Bottom line-what advice would you give team members about such questions?

2 ref and citation req.

Reference no: EM131034401

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