Your task for this part of the assessment item is to answer the following two questions. Each question will carry equal (20 marks) and your answer for each question should be around 1000 words:
1.Identify five common project risk strategies employed to address threats that your project may face. Give an example of each.
2.Projects are often completed late. Describe the techniques you would use as a project manager to improve the accuracy and reliability of your project schedule.
In responding to the above points, be sure to:
•Critique project theory based on your experience and understanding. This is important –don't just "regurgitate" the theory
•Provide examples, data or other relevant information to support your discussion. Examples can be from work experience, research, study group experience, for example. They should demonstrate the theoretical points you are asserting in the questions.

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