Reference no: EM131663051

Select a Risk Identification Method and Use it to Determine Risks Facing a Project

Instructions

For this assignment, you will conceptualize a project objective statement, select a risk identification method, and apply that risk identification method to identify at least 10 risks that face the project (at least two of which must be positive risks that represent opportunities), and then reflect on the advantages and disadvantages of an alternative risk identification approach to the one you selected and applied. The project objective statement must include a high-level description of the scope and quality requirements, a quantified specification of the budget, and a quantified specification of the expected duration of the project. This may be a hypothetical or real project. The risk identification method must be identified specifically and where it was found in the course materials must be cited.

Include the following sections in your paper at a minimum: Introduction, Project Objective, Risk Identification Method, Identified Risks, Reflection, and Conclusion. Note that other sections of the paper will be needed, depending on the risk identification method selected. For example, if you decide to identify risks associated with work packages in the Work Breakdown Structure, you will need a Work Breakdown Structure section of the paper. 

Support your paper with a minimum of three (3) external resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.