Most common method of identifying the sources of risks

Assignment Help Operation Management
Reference no: EM132258649

1. A possible action trigger for rain or snow on the day of an event is

review the weather report two days before the event.

move the event to the rain date scheduled.

reserve an indoor space for the event.

low attendance at the event.

2. The trigger point in the risk response plan is when the project team should

avoid the risk by moving onto the next activity.

stop working on the project because it cannot be completed.

brainstorm for ideas on how to manage the risk.

implement the action plan for each risk.

3. A defined set of actions to prevent or reduce the likelihood of occurrence or the impact of risk is the

risk identification brainstorming session

risk assessment matrix

risk response plan

the action trigger

4. This involves taking action to reduce the likelihood that the risk event will occur or reducing the potential impact.

Avoiding the risk

Mitigating the risk

Accepting the risk

Risk identification

5. The most common method of identifying the sources of risks is:

work analysis chart

network diagram

brainstorming

initiation reports

6. At the close of the project, the project manager should meet with each project team member individually to

identify problems in the project.

plan for the team member's responsibilities in the next project.

determine if the member is available for additional work on the project.

solicit feedback about project performance and how improve future projects.

7. During the closing phase, the project team should meet to

control the schedule and the costs.

help the team form to be able to perform efficiently on the project.

review and evaluate performance of the project.

get to know each other.

8. The purpose of identifying and documenting lessons learned is to capitalize on the knowledge and experience gained on the project in order to

improve performance on future projects.

establish a procedure of identification and documentation.

create a large database of information.

keep project team members busy

9. During the ____, review and evaluate performance of the project and identify what can be done to improve performance on future projects.

evaluating the project phase

closing the project phase

controlling the project phase

performing the project phase

10. The process of closing the project involves various actions, including

recognizing and evaluating Staff.

assigning Staff to activities.

having Staff get to know each other.

examining and estimating costs associated with Staff.

11. Project managers must be able to

handle the stress that can arise from work situations.

use a sense of humor, even if inappropriate.

blame others when the project is not going as planned.

become unruffled at times due to the stress

12. A project manager needs good interpersonal skills to

try to influence the thinking and actions of others.

judge individuals when special circumstances arise.

learn about personal interests to be intrusive.

create conflict among team members.

Reference no: EM132258649

Questions Cloud

Photograph her for portrait to her personal satisfaction : Beyonce contracts with annie beibovitz, a famous photographer, to photograph her for a portrait to her personal satisfaction.
Cause of action against say it with flowers florist only : Brian has a cause of action against say it with flowers florist only. Randall has a cause of action against say it with flowers florist only.
Technological security especially for employees : Write a paper on the problem of the lack of privacy employees have due to developments in technological security especially for employees.
Throughout the project by regularly talking with customer : The project manager needs to keep abreast of the degree of ____ throughout the project by regularly talking with the customer
Most common method of identifying the sources of risks : A possible action trigger for rain or snow on the day of an event is. The most common method of identifying the sources of risks is.
What we characterize as bribery is accepted practice : In some countries, what we characterize as "bribery" is an accepted practice.
Key considerations when preparing snowclear strategy : Key considerations when preparing Snowclear’s strategy on how to handle situation are probabilities associated
Management affect labor relations among employees : What role does management play in contract negotiation for collective bargaining and how can management affect labor relations among employees?
Optimal weight at surgery or still overweight : It is assumed that the only possible outcomes are: (1) “optimal weight at surgery”, or (2) “Still overweight”.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd