Our Services

Get 15% Discount on your First Order

This assignment is designed to help you improve your communication, critical thinking, and research skills. Your deliverable should answer the

July 12, 2024

This assignment is designed to help you improve your communication, critical thinking, and research skills. Your deliverable should answer the following questions:

· What did you learn this week?

· Was the material valuable and/or applicable? Please elaborate.

· If yes, how are you planning to use this material in the future?

· If no, what changes would you recommend?

Format:

· This assignment is due by the end of this week.

· This assignment is worth 10 points.

· Your assignment should contain at least 200 words.

· Your assignment should be formatted in Microsoft Word.

·
Risk Analysis

Risk management is one of the core project knowledge areas, an essential and ongoing process that includes all the risk related information. Regardless of the project methodology, risk management processes generally include risk identification, analysis, risk response planning, risk monitoring, and control.

The process of evaluating project risk begins in the planning stages, but it must continue through every stage of the project. While qualitative risk analysis is the process of prioritizing risks for further analysis or action, quantitative risk analysis is a statistical analysis of the effect of those identified risks on the overall project.

Objectives:

· Explain the difference between qualitative and quantitative risk analysis.

· Discuss why the process of analyzing risk is included in the risk management plan.

· Generate a list of components that should be documented in the risk management plan.

Activities:

· Read, view, and engage with Readings and Resources.

· Actively participate in Unit Discussions.

· Complete and submit the Unit 3 assignment.

Readings and Resources

Readings and Resources

Textbook or eBook:

Wilson, R. (2015).
Mastering risk and procurement in project management. Upper Saddle River, NJ: Pearson FT Press.

· Chapter 3: Risk Analysis

The Project Management Body of Knowledge (PMBOK) Guide, created by the Project Management Institute (PMI), consists of widely accepted standards, frameworks, techniques, processes, and terminology for the project management profession.

· Project Management Institute. (2021).

A guide to the project management body of knowledge

(PMBOK Guide) (7th ed.). Project Management Institute, Inc.

Articles, Websites, and Videos:

This article highlights the importance of risk management by citing several companies and the massive impact they had to incur after taking on massive IT projects.

· Flyvbjerg, B. & Budzier, A. (2011, September).

Why your IT project may be riskier than you think
.
Harvard Business Review.

This article presents the structured Risk Management process followed at Nokia Siemens Networks that help avoid crisis situations and incorporate learning from past mistakes. It highlights that effective and early risk identification and management secures the achievement of project objectives, leading to reduced rework costs.

· Lavanya, N. & Malarvizhi, T. (2008).

Risk analysis and management: a vital key to effective project management

. Paper presented at PMI® Global Congress 2008—Asia Pacific, Sydney, New South Wales, Australia. Newtown Square, PA: Project Management Institute.

From this site you can choose from simple matrix templates or more comprehensive risk management plan templates for Excel, Word, and PDF, all of which are free and fully customizable.

· Smartsheet.com (n.d.).

Free risk management plan templates
.

image1.png

>English homework help

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

In class, we discussed the difficulties associated with efforts at rehabilitation of offenders. Discuss your own opinion of such efforts, including whether

In class, we discussed the difficulties associated with efforts at rehabilitation of offenders. Discuss your own opinion of such efforts, including whether we ought to devote more funds and resources to rehabilitation programs (and if so, how would that be managed?). Be sure to address the difficulties mentioned in class,

Title Introduction Capture reader’s interest Build case through logic Topic sentence/thesis statement First main point (strongest) A.

Title Introduction Capture reader’s interest Build case through logic Topic sentence/thesis statement First main point (strongest) A. Support Example Example B. Support 1. Example Example C. Support 1. Example Example Second main point (second strongest) A. Support 1. Example Example B. Support 1. Example Example C. Support 1. Example Example

Explore the listed agonist spectrum and consider the action and receptor of each: Agonist Partial agonist Antagonist Inverse agonist You will submit a

Explore the listed agonist spectrum and consider the action and receptor of each: Agonist Partial agonist Antagonist Inverse agonist You will submit a concept map exploring the four agonists on the agonist spectrum (agonist, partial agonist, antagonist, and inverse agonist) in which you: Describe the different characteristics of the four

See attached doc Measuring the Scope of the Research Question After identifying a problem, how do you define a research

See attached doc Measuring the Scope of the Research Question After identifying a problem, how do you define a research question, and how do you define the parameters of investigation for that particular problem? 350-450 words excluding references, APA format and a minimum of 3 references

Required Course Texts The NEW Art and Science of Teaching by Robert Marzano ASCD 2017 Find engagement strategies and ideas from Chapter 7 and the video and

Required Course Texts The NEW Art and Science of Teaching by Robert Marzano ASCD 2017 Find engagement strategies and ideas from Chapter 7 and the video and article that you could add to your upcoming Learning Management Plan for Module 7 Project Overview ***you are creating a powerpoint This module,

SWS FORMAT, NO PLAGARISM Overview For this assignment, you will write a 5-page strategic plan (does not include the title page and reference pages)

SWS FORMAT, NO PLAGARISM Overview For this assignment, you will write a 5-page strategic plan (does not include the title page and reference pages) Your plan must include the elements listed in the Assignment Instructions below. Note that the instructions correspond to the grading criteria for this assignment. You will

Assessment Description What distinctions exist between values, ethics, laws, and standards, and how do they each influence individuals, groups, and larger

Assessment Description What distinctions exist between values, ethics, laws, and standards, and how do they each influence individuals, groups, and larger societies? In the context of the counseling profession, why are ethics especially crucial, and what are the legal and ethical considerations specific to clinical mental health counseling that arise?

Description ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi

Description ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 2 Entrepreneurship and small business (MGT 402) Due Date: 03/08/2024 @ 23:59 Course Name: Entrepreneurship and small business Course Code: MGT402 Student’s Name: Semester:

Search for your state Board of Nursing website. for “Florida Board of Nursing”. Explore the site and look at the different pieces of available

Search for your state Board of Nursing website. for “Florida Board of Nursing”. Explore the site and look at the different pieces of available information, and/or use the search bar if available to find specific topics. If you have any questions on where to find your state board of nursing

Instructions are included · Respond to at least two (2) peers with 100 words as the minimum peer response · APA

Instructions are included · Respond to at least two (2) peers with 100 words as the minimum peer response · APA format in-text citations and references Peer 1: Patyn The matching law, introduced by R.J. Herrnstein, says that we tend to spend our time on activities that give us the

infamous person assigned:- Kenneth Bianchi 2024FA – Criminal Minds Project- Section 01 You are a

infamous person assigned:- Kenneth Bianchi 2024FA – Criminal Minds Project- Section 01 You are assigned a criminal mind project. This assignment is about focusing on an infamous person with a mental disorder. You need to identify and present significance in the following areas: childhood, late adolescent/ early twenties, family influence,

1. After watching the Program Expectations lecture video, write out a thorough answer to the following question in multiple paragraphs: What are the

1. After watching the Program Expectations lecture video, write out a thorough answer to the following question in multiple paragraphs: What are the purposes behind each Technical Standard (#1-4, plus working environment and career pathways)? Demonstrate why each one is important, using critical discussion and reflection link for video: 2.

Critique the BIP, focusing on both its strengths and areas that may require improvement. Begin by reading through the entire plan, paying close attention

Critique the BIP, focusing on both its strengths and areas that may require improvement. Begin by reading through the entire plan, paying close attention to the definition of the target behaviors, the intervention strategies proposed, the methods for data collection, and the overall goals outlined for the client. Use the

Summarize the reading and provide a brief response. Use personal experience and anecdotes and personal opinions to engage with the topic 350 to 450

Summarize the reading and provide a brief response. Use personal experience and anecdotes and personal opinions to engage with the topic 350 to 450 words

An understanding of the factors surrounding women’s and men’s health can be critically important to disease diagnosis and treatment in these areas. This

An understanding of the factors surrounding women’s and men’s health can be critically important to disease diagnosis and treatment in these areas. This importance is magnified by the fact that some diseases and disorders manifest differently based on the sex of the patient. Effective disease analysis often requires an understanding

Managing finances can be a daunting task for any business, but QuickBooks has made it significantly easier for countless small and medium enterprises

Managing finances can be a daunting task for any business, but QuickBooks has made it significantly easier for countless small and medium enterprises (SMEs). This robust accounting software helps streamline various financial processes, from invoicing to payroll. However, like any software, QuickBooks is not immune to technical glitches. That’s where

2-2 Short Paper: Teratogens=dev. psych) In the resources for Module Two, you reviewed a significant level of biological information for its impacts

2-2 Short Paper: Teratogens=dev. psych) In the resources for Module Two, you reviewed a significant level of biological information for its impacts on development. In this short paper, you will select a teratogen and identify the risks that it presents to healthy development. You will construct a position, backed by