How would you respond to this observation

Assignment Help Operation Management

Reference no: EM132195757

Discussion :

Instructions

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:

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

Use a qualitative technique to evaluate project risk.

Use a quantitative technique to evaluate project risk.

Develop preliminary strategies for risk mitigation.

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.

DQ Question

Consider the following statements: The problem with risk analysis is that it is possible to imagine virtually anything going wrong on a project.

Where do you draw the line? In other words, how far do you take risk analysis before it becomes overkill?

How would you respond to this observation? Please use examples to support your opinion.

Reference no: EM132195757

Questions Cloud

Draw an er diagram to represent the database : Create a new database - Draw an ER diagram to represent the database - In a following SELECT statement, how many rows will there be in the output?

Interpretation of the coefficient of x 1be : Suppose a multiple regression model is given by y =1.61x 1+5.58 x2 +30.48 What would an interpretation of the coefficient of x 1be?

What is the purpose of the sopa and pipa : CPSC 311 As an industry insider, look at both acts and think about the benefits and the drawbacks. In a research paper, cover the following questions.

Adults rated the effectiveness of advertisements : In a? study, a random sample of 20 adults rated the effectiveness of advertisements. Each adult rated an advertisement that lasted 30 or 60 seconds.

How would you respond to this observation : The problem with risk analysis is that it is possible to imagine virtually anything going wrong on a project.

Construct a unit plan that contains six lesson plans : Select a content area that will be the basis for a two-week unit with lesson plans. Construct a unit plan that contains six lesson plans

What percentage of flashlights sold : What percentage of flashlights sold can they anticipate will be returned within the first one and one-half years?

Describe the effect the regulatory agency : Describe the effect the regulatory agency they have referenced has on the business environment.

Produce an entity relationship diagram : ITECH 1103 BIG DATA AND ANALYTICS - Produce an Entity Relationship diagram - assumptions you have made, e.g. how you arrived at the cardinality/participation

User Account

All Pages