How do mentoring and cross-training mitigate risk?

What will be an ideal response?


Mentoring and cross-training are two approaches to risk minimization that train project team members. A mentoring program pairs junior or inexperienced project managers with senior managers in order to help them learn best practices. This approach mitigates risk by easing the junior members into new duties with a senior member that can answer questions and clarify problems as they get their feet wet in the project organization. Cross-training requires that members of the project team learn not only their own duties but also the roles that other team members are expected to perform. Cross-training addresses more immediate needs; if a member is pulled away for some time, the cross-trained member can fill in as needed.

Business

You might also like to view...

Which of the following is NOT a standard requirement for message maps?

A) three key messages B) 7 to 12 words in a message C) one major idea per map D) three supporting facts for each key message

Business

Which of the following is a sound recommendation for designing a research questionnaire?

a. Include all needed items, while keeping the questionnaire as short as possible. b. Use a logical item sequence of difficult to easy. c. Use more items that require essay-type answers and less short response questions. d. All of the above are recommended for questionnaire design.

Business

Francesco's wife earns $14,250 per year. If Francesco dies, his family would require $88,200 to cover their living expenses. Some of the yearly expenses would be offset by $12,400 from stock dividends, but this is still not enough. How much insurance should Francesco have to cover the shortfall, given a 10.4% prevailing interest rate? (Round your answer to the nearest $1,000)

A. $328,000 B. $418,000 C. $592,000 D. $114,000

Business

Despite 402A's bar of contributory negligence in strict liability cases, some courts apply comparative negligence to strict liability cases

a. True b. False Indicate whether the statement is true or false

Business