User Account

All Pages

Calculate the overall risk factor for this project

Assignment Help Operation Management
Reference no: EM132126815

Please do the following in excel and submit

Qualitative Risk Assessment. Imagine that you are a member of a project team that has been charged to develop a new product for the residential building industry. Using a qualitative risk analysis matrix, develop a risk assessment.Based on this information, how would you rate the consequences of each of the identified risk factors? Why? Construct a risk matrix and classify each of the risk factors in the matrix.

Risk Mitigation Strategies. Develop a preliminary risk mitigation strategy for each of the risk factors identified in the prior question. If you were to prioritize your efforts, which risk factors would you address first? Why?

Quantitative Risk Assessment. Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?

Cost of Labor. Calculate the fully loaded cost of labor for your project team.

Planned and Cumulative Costs. Calculate the planned and cumulative costs for the time-phased budget.

Complexity Cost Weighting. As a Project Manager are asked to compute the expected costs of a software project at your organization. Calculate the total estimated number of function points and total expected cost for the project.

Reference no: EM132126815

Questions Cloud

Firm to make relative to market research and size of order : What are the right decisions for the firm to make relative to the market research and the size of the order?
Determine the duration of the active production interval : Determine the duration of the active production interval, t. Determine the maximum inventory. D
Calabresi-melamed theory of transaction costs : Using (explicitly) the Calabresi-Melamed theory of transaction costs, justify the following rights by a property rule or a liability rule:
The concept of automatic storage-retrieval systems : The concept of Automatic Storage/Retrieval Systems (ASRS) is not new, it’s been around for many years.
Calculate the overall risk factor for this project : Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?
Determine the production order quantity : Determine the production order quantity (POQ), the number of orders and the time between orders. What is the total annual setup cost?
Two different manufacturing processes to make new product : An electronics firm is considering two different manufacturing processes to make a new product.
Fostering corporate entrepreneurship and innovation : "Senior or top management plays a major strategic role in fostering corporate entrepreneurship and innovation.
Greater contribution to environmental sustainability : What specific additional actions could General Electric take that would make an even greater contribution to environmental sustainability?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd