1. Identify and describe each of the sub-processes that make up what is called ‘Risk Management’ in the PMI’s Project Management Body of Knowledge (PMBOK) 5th edition. Which of the sub-processes do you think is the most important and why?

2. Develop a work breakdown structure (WBS) for a project to build a new park in Southfield, Mi. The WBS should have at a minimum 4 levels and should cover all areas associated with designing, building and opening a new park. The park will sit on 52 acres and will have a pavilion, restrooms, lighted baseball diamond, lighted tennis courts, slides, swings, nature trail, volleyball nets, small kids play area, parking lot, limited road access, lighting, drinking faucets, exercise trail, and walking paths in the woods. Complete the assignment using Visio, Microsoft Power Point, or some other electronic drawing tool.

•