Reference no: EM131271602

Assignment: Risk Workshop and Risk Register

The assignments are a series of papers that are based on the same case, which is located in the Student Center of the course shell. The assignments are dependent upon one another.

Write an eight (8) page Risk Workshop and Risk Register Component paper in which you:

1. Identify the required pre-workshop activities.

2. Prepare a risk workshop agenda based on Figure B-8, Sample Agenda for a First Risk Assessment / Two Day Risk Workshop (Appendix B of the Hillson and Simon text). Include suggested time intervals for each activity and justify why each agenda item is relevant for this case.

3. Determine the top five (5) threats in a risk register following Figure B-11, Sample Simplified Risk Register Format (Appendix B of the Hillson and Simon text). Include information from the case for each threat.

4. Justify the assignment of probability and impacts for each threat identified in criterion number 3 of this assignment.

5. Document the top three (3) opportunities in a risk register following Figure B-11, Sample Simplified Risk Register Format (Appendix B of the Hillson and Simon text). Include information from the case for each opportunity.

6. Justify the assignment of probability and impacts for each opportunity identified in criterion number 5 of this assignment.

The specific course learning outcomes associated with this assignment are:

• Assess and prioritize risks to the project through an analysis of the active threats and opportunities presented.
• Apply the Active Threats and Opportunities Management (ATOM) process to ensure a consistent, measurable result of this analysis.
• Use technology and information resources to research issues in project risk management
• Write clearly and concisely about project risk management using proper writing mechanics.