User Account

All Pages

Construct the risk matrix and classify each of risk factor

Assignment Help Accounting Basics
Reference no: EM132655446

Qualitative Risk Assessment.

Imagine that you are a member of a project team that has been charged with developing a new product for the residential building industry. Using a qualitative risk analysis matrix, develop a risk assessment for a project based on the following information:

Identified risk factors Likelihood

1. Key team members pulled off project                       1. High

2. Chance of economic downturn                                2. Low

3. Project funding cut                                               3. Medium

4. Project scope changes                                          4. High

5. Poor spec. performance                                        5. Low

Problem a: Based on this information, how would you rate the consequences of each of the identified risk factors? Why? Construct the risk matrix and classify each of the risk factors in the matrix.

Reference no: EM132655446

Questions Cloud

What did the united states supreme court in citizens united : What did the United States Supreme Court in Citizens United v. Federal Election Commission strike down as unconstitutional in the BCRA
How much health-care stock will be in stock : The president of a small country, fearing the second wave of the Covid, contacts a prestigious economist and asks her:
How popuar new social media outlet can be extremely : TikTok had become the hottest form. How popuar new social media outlet can be extremely successful at promoting businesses off of public relations alone.
What penalties the statute prescribes for computer crimes : Access the Computer Crime Law of any of the 50 states and discuss how it defines computer crime, unauthorized access and property crimes.
Construct the risk matrix and classify each of risk factor : How would rate the consequences of each of the identified risk factors? Why? Construct the risk matrix and classify each of the risk factors in the matrix.
How far do take risk analysis before becomes overkill : Where do you draw the line? In other words, how far do you take risk analysis before it becomes overkill?" How would you respond?
Definitions of the principles of professional conduct : How review the terms and definitions identified in the "Principles of Professional Conduct" section of the preamble to the AICPA Professional Code of Conduct.
Evaluating variances from standard costs : Evaluating Variances from Standard Costs. Budgeting is used to project revenue and costs into the future, typically twelve months.
What is the taxable portion in social security benefits : The Social Security benefits for the year would be $12,000. What is the taxable portion of the $12,000 in Social Security benefits

Reviews

Write a Review

Accounting Basics Questions & Answers

  Sally is a 16-year-old dependent of her parents during 2013

sally is a 16-year-old dependent of her parents. during 2013 sally earned 1800 working part time jobs and she received

  Compute the anticipated break-even sales

Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant

  How does the tax system affect US competitiveness

Question - How does the tax system affect US competitiveness? Discuss what is Competitiveness, tax Policies to Attract Investment

  Feathers motors advertised three alternatives for

feathers motors advertised three alternatives for purchasing a new camry 1 buy the car for zero dollars done and a

  Calculate the expected return for each company

Consider that there are three equally likely states of economy: recession, normal and boom. Calculate the expected return for each company

  What amount would l record it investment

On January 1, 2015 K inc and L inc formed a joint venture called KL INC. What amount would L record it's investment in KL on January 1

  The yates company purchased a piece of equipment which is

the yates company purchased a piece of equipment which is expected to have a useful life of 7 years with no salvage

  What gain or loss is recognized by the corporation

What gain or loss is recognized by the corporation when it issues its shares to Kyle? What is the basis to the corporation of the property it received from Kyle

  Pricing the original contract

Calculate the amount of the final price adjustment because of defective pricing based on the Contractor unintentionally overpriced their material costs by $75,000 and under-priced their direct manufacturing labor costs by $50,000. Overhead rates u..

  Describe the potential costs involved with the action

List and describe four actions a firm can take to accelerate the collection of cash from sales. For each action listed, describe the potential costs involved with the action.

  Delta corporation owns 90 of sigma company and sigma owns

delta corporation owns 90 of sigma company and sigma owns 90 of pi inc. all of which are domestic corporations.

  What happens when cannot find the solution

What other resources are available to you to help you find an appropriate solution? What happens when you cannot find the solution to your accounting problem?

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