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QUESTION

Use the projects you completed in Units III and VI to conduct a preliminary risk analysis. Use a qualitative and a quantitative

Use the projects you completed in Units III and VI to conduct a preliminary risk analysis. Use a qualitative and a quantitative

technique to evaluate project risk. The total assignment is worth 100 points. Please submit as one document.

See the sample risk analysis on pages 253–254 in the textbook. Your essay should include the following components:

1. Generate a set of likely risk factors, and discuss them in terms of probability and consequences.

2. Use a qualitative technique to evaluate project risk.

3. Use a quantitative technique to evaluate project risk.

4. Develop preliminary strategies for risk mitigation.

5. Create a resource-leveling table for your project. For more information on resource leveling, refer to pages 407–416 in

the textbook.

Your essay should be at least three pages in length, not counting the title and reference pages. All sources used, including

the textbook, must be referenced. Paraphrased and quoted material must have accompanying citations. Your document

must be formatted and references cited following APA guidelines.

Information about accessing the Blackboard Grading Rubric for this assignment is provided below.

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as a ****** ** *********** ** ****** ** *** ********** ** **** ******* **** ******* leaving *** ******* **** ***** members ** manage ************ *** ******* might *** ** ****** **** time **** ******* *** to ******* ***** ***** **** means **** **** ***** **** be ******** ** ***** *** *** ******** period (Broder ***** Tucker ***** *** process ** *********** significance ** * **** is referred ** ** risk evaluation *** *** **** ******** in **** evaluation are *********** *** ************ **** ******** ** *********** risk ******** there are *** method ******** ** **** ******** which includes *** *********** *** Keep ** Super Simple ****** ****** **** ****** ** ******** **** on ***** ******** *** ***** *** ******** **** ******* have little ** ** skills ** risks assessment ** this method ***** *** ****** ** **** *** *** medium **** *** **** **** ** ************ in *** ***** below  RiskRisk RatingA( ************* ** *** company)MediumB (Spending more resources **** ********* planned *** ** *** reorganization ** *** ************ ********* *********** **** ***** ** *** ****** method ***** ** identifying *** ******** **** *** greatest **** ******** ** ******* thisthe ***** **** ****** ** * project *** calculated and ******** to ****** ** different projects ****** ** ************ *** ******* **** identify projects with higher ***** *** *** act ** * ***** on ***** *** organization’s ******* ****** be ******************** risk ******** ********** ***** **** *** aim ** identifying *** *********** ** achieving *** ***** *** ********** ********** ** * ******* Quantitative ****** is *** *** ****** **** ** ******* ******** ** ** enables ***** ************* ** *** ******* **** **** method involves * number ** ***** *** ********** ***** ******** ***** ***** Analysis ******** ******** Value ***** ***** ***** ******** *********** Analysis and ******** **** ******** (Menoni ******** ****** ****** ***** ******* 2012) *** example in ******** ******** Value *** **** ***** ******** **** ******* *** opportunities ** ***** as ** ** ******* ***** ************************ ImpactEMVA ************************* (Opportunity)40%$10000($4000)C **************************** ******************** The ******* of the *********** is subtracted from *** EMV *** ******** of the project **** ** *********** ** the Total *** ******** **** ****** **** ** * ******* are ******** ** as ************* ***** ******* **** ** adverse ******* ** *** ************ Monetary ***** (EMV) = *********** * ****** ***** *** ******* preliminary ********** **** *** ** employed ** mitigate ******* risks ****** *********** ********* **** stipulated timelines *** **** *** organization to **** * *** ** ********* So ** ******* **** ******** takes longer periods ** **** than *** ******* **** **** ***** period ** time calls *** **** resources ** such a **** the ********** ***** the ***** **** which ***** otherwise ** incurred by *** *********** ************ **** ********* ** ******* ******** **** ** ****** **** to ******** ***** Buffering ** *** establishment of ******* **** ****** *** ****** ** arising ***** without ********* *** ongoing ******* ***** reserves *** ******* extra ***** additional of machinery manpower or **** **** ********* ** mostly achieved during *** ******** ****** of * ******* ***** *** ******* ** ********* **** ********* **** ** requires ** cater *** *** ********** risks **** *** arise ** ****** **** ******** ** parties **** *** better ****** to ****** unforetold risks ** * ******* ** ******* way of ********** ***** Risk ******** is ****** **** ***** a ******** quantitative **** ********** by *** ******* ****** *** ********** ***** *** **** ********* **** *** *********** bidders to **** ** **** ** ********* ***** ****** ** ** agreement the ************ ********* the risks ** *** other party ****** ********* companies *** ****** **** *************** can **** be ********* ** ******** them **** ** mostly ******** by ************* ** *** ******* to more friendly structure This ****** *** ******* ** **** **** ******** **** are ****** ***** capacity and ******** **** **** projects ***** ***** * ******** ******** table in * ***** that outlines *** *** ***** ******** to *** project **** ******* and *** amount ** work ** ** done ******* determined ** their ************ ************ ***** ***** ** *** ***************** ***** ** *** **************************** FLOATRESOURCE ***** ****** PER ********* RESOURCES REQUIREDA80540B53420C71535D62530         ReferencesAven * (2012)Reliability *** **** analysis ******** ******* & ******** *********** * F ***** Tucker E ********** ******** and *** security ************************* T Y (2013) *********** **** ********** in ** projects ** Applied ********* andMaterials **** *** ** 220-223)Trans Tech ****************** * ******** * ****** * ****** * ***** Tapsell * (2012) Assessing multifacetedvulnerability *** ********** ** order ** design *************** strategies ******* ************ *****************************

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