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BUS 380 Week 5 Discussion 1
“Examples of Project Uncertainties.” Please respond to the following:
· Discuss why it is useful to consider both unfavorable risks and favorable uncertainties as part of the project planning process.
· Support your discussion with an example from your own work or personal life in which an unfavorable risk interfered with your ability to execute a project as you had initially envisioned it.
· Support your discussion with an example from your own work or personal life in which an unexpected positive uncertainty caused a project to turn out better than you had envisioned it.
BUS 380 Week 5 Discussion 2
“Uncertainty Assessment Planning and Bias.” Please respond to the following:
Review the Lake Washington Bridge Sinking article on the historylink.org Web site.
· In hindsight, where would you place the risk of water entering the pontoons in the uncertainty matrix presented in textbook Exhibit 6.2? Why?
· Identify and discuss at least one (1) positive outcome that could have emerged from this project crisis.
· Examine the biases (see Appendix 6A) that might have prevented the team from seeing this risk as a possibility.
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