Expert answer:Project Communications and Risk Management

Expert answer:Write 450-600 word paper in APA format with 2 or more references.Communications management is the processes required to ensure timely and appropriate generation, collection, dissemination, storage, and ultimate disposition of project information. Plan communications management is the process of developing an appropriate approach and plan for project communications based on stakeholders’ information needs and requirements and available organizational assets. Alternatively, risk management is the process of managing negative or positive project risks to ensure the heath and wealth of project status and delivery. It includes the process of conducting risk management planning, identification, analysis, response planning, and controlling project risks. Based on your readings and research, explain the general difference between the agile and waterfall (traditional) project management methods. Why would you use one method over the other? Name and describe one of the agile methods you came across. Why is it important to manage project communications? How would you go about preparing a project communications management plan? What information would you want to account for and include, and why? Why is it important to create a risk register to identify and manage project risks as soon as a project is assigned to you? What are the differences between negative project risks and positive project risks? Provide examples of each. What are some of the strategies to handle either risk type?

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