Collecting Data for Risk Management
Discussion Topic: Data Collection & Risk Analytics
Garbage in Garbage Out.pdf
Download and read the attached article by Hulett and Preston (2000). According to the authors, the data collection process plays a key role in risk assessment. For example, the interview technique and the quality of the questionnaire that you’ve used to collect data for risk assessment, may affect the quality of your risk management plan. Based on what you've read, your experience in risk management, and any other resources you care to utilize, discuss the following questions:
Why is the data collection process so important? What can project managers do to protect the quality and integrity of the data collection process?
Who do you think should be involved in data collection for project risk management? Why?
Reminder: A high quality post is one that explicitly links your personal opinion or experience with the course materials or other relevant outside sources using proper APA format. Both in-text citations and a reference list are required for this discussion. You may earn up to 10 points. I will use the attached rubricLinks to an external site. to grade your participation.
Discussion Post
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Discussion Post
In today's world, information is power, which demonstrates that gathering the right information should be one of the top issues to be concerned with. Therefore, for all agencies, organizations, researchers, or students, collecting good data should be a chief priority. Usually, precise data collection is integral in making informed decisions, guaranteeing quality assurance, and keeping research integrity. While collecting data, researchers should identify the types of data, sources of data, and methods applied to ensure the process does not lead to biased data. Furthermore, collecting good data is an essential way to foster risk assessment. Collecting data from