Explain how the Risk matrices project management elements af

Explain how the Risk matrices project management elements affects the scheduling and controlling of a project.

Solution

The Risk matrices project management elements affects the scheduling and controlling of a project as explained below:

1. The risk identification on the budget will affect the scheduling and controlling of a project, as finance plays a major role in the project.

2. The probability on tracking for completion on the project would affect the scheduling and controlling of a project, as it affect on the end result of delivering to the clients.

3. The technical risk is the element that affect the scheduling and controlling of a project as the technology varies.

4. The environment affect the scheduling and controlling of a project, as the external force might affect the project continuity through less opportunity and increase threats.