Determine an appropriate risk response plan

Assignment Help Other Subject

Reference no: EM133048405 , Length: word count:1000

Project Progress

Learning outcome 1: Assess the impact of events on the project's progress in order to determine an appropriate risk response plan.

The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. During the project life cycle, project risk reviews and reports are required, as previously identified in the risk management plan. Two months after the project started, the following events have taken place:

- The top two threats have occurred.
- The top opportunity has been realized.
- The project's risk budget is already exhausted.
- The risk management schedule has been shortened by two months.

Write a 4-6 page paper in which you:

1. Analyze the impact of the events on the project.

2. Determine if any mitigation activities are required, and explain why.

3. Determine if budget or schedule changes are necessary, and explain why.

4. Update the risk register and highlight the changes made. Provide the justification for the changes.

5. Use at least four quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

Reference no: EM133048405

Questions Cloud

Principal repayment portion of payment : You are in the market for a home. You and your partner have saved up $305,000 for a down payment and would like to buy a home in North Vancouver.

Cloud computing service model : Evaluate the advantages and disadvantages of cloud computing and Describe the methodology you would use to select a cloud computing service model

How is aws related to amazon core business : How is AWS related to Amazon's core business? Some investors are pressuring Jeff Bezos to spin out AWS as a standalone company. What are the implications (for a

What is the maximum effective annual interest rate : You want to buy a new Honda Accord which has a price of $38,000. The dealership offers you two options:

Determine an appropriate risk response plan : Assess the impact of events on the project's progress in order to determine an appropriate risk response plan

Illustrate a correct conceptual framework : Based on the situation given, illustrate a correct conceptual framework of the study and label the necessities.

Describe plans for hiring and retaining : Human Resources Processes: Describe plans for hiring and retaining a diversified and inclusive workforce, with appropriate explanation

Geographical nature of japan : A firm in Japan is seeking to develop its own private transportation network to deliver its products from the Tohoku in the North to the Kyushu, in the South, a

Running at the speed of the web-the running room : The Running Room (www.runningroom.com) is North America's largest specialty retailer of sporting goods, apparel, and footwear for runners and walkers. The compa

User Account

All Pages