Assignment:
Risk Management Plan Outline
Write a paper of no more than 1,400 words, utilizing the scenario you selected last week. Each team member researches two tools or methods for qualitative risk analysis in the risk management industry. Each teammate relays the following in a synopsis of no more than 150 words:
- Description of tool or method
- One selected risk from your project
- How chosen risk could be qualitatively analyzed using tool or method
- Assessment of efficiencies or deficiencies
- Evaluation of risk scope and severity using qualitative analysis methods
Analyze,as a team, qualitative risk analysis with research. The analysis must be no more than 1,050 words, in addition to individual content, including the following:
- Narrative that asserts theoretical application of qualitative risk analysis
- Summation of tools and methods with pros and cons of each, preferably with a tabular format and a supporting narrative.
- Top three qualitative tools or methodology assessment with explanation
- Complete individual and team elements to attain full points. A portion of this assignment is utilized in your final project.
Format your paper consistent with APA guidelines.