Risk response that is most appropriate for this risk

Assignment Help Operation Management
Reference no: EM132838020

The vendor that you hired is not performing. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.

The equipment that you ordered for this project is now a month late. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.

The location where the project is being developed has hurricanes that come through the area a few times a year. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.

The task effort that was initially estimated is actually going to take three times as long because there is a learning curve involved. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.

Reference no: EM132838020

Questions Cloud

How are the issues relevant to international human relations : How are the issues the author raises relevant to international human relations? Do you agree with the author's perspective? Why or why not?
Create an an income statement for the year : Assume that the company uses variable costing - create an an income statement for the year. Lynch Company manufactures and sells a single product.
What is the amount of bond amortization for each six month : Towson uses the straight line method to amortize any bond premium or discount. What is the amount of bond amortization for each six month period?
Marketing plan case study : Marketing Plan Case Study - Reflecting on Georgia's experience, develop a marketing strategy around the use of social media, it's pros and cons for a business
Risk response that is most appropriate for this risk : The equipment that you ordered for this project is now a month late. Identify the risk response that is the most appropriate for this risk
What management changes would suggest : What management changes would you suggest? In particular (but not limited to), what changes would you make to the accounting system?
Create an argument in favor of use of the electoral college : The Electoral College was created to protect US citizens against mob rule. Mob rule is the control of a lawful government system by a mass of people through.
What is the amount of profit available for distribution : Pet Boutique Corp. reported $4,365,410 of profit for 2020. What is the amount of profit available for distribution to the common shareholders
Evaluate the pros of eastern university present method : Evaluate the pros and cons of Eastern University's present method to account for tuition benefits. What changes would you recommend?

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