Assignment:
Question 1. In preparation for the meeting and to help you focus on the upcoming task, review your list of risks. Practice the various techniques you will use by assessing at least 15 of your risks. Create a grid for this activity. Use a qualitative method to identify the high-priority and low-priority risks. Provide a rationale for your responses. Then, using a semi-quantitative method, create a risk score and probability/impact matrix for the remaining risks. The columns should be organized as follows:
- Risk event
- Probability
- Rationale for probability
- Impact
- Rationale for impact
- Next steps (describe what you need to do with this risk event next: nothing, further analysis, or determine actions