Develop preliminary strategies for risk mitigation


Assignment: Project Management Unit VII Essay And DQ Question

Instructions

Use the projects you completed in Units III and VI to conduct a preliminary risk analysis. Use a qualitative and a quantitative technique to evaluate project risk. The total assignment is worth 100 points. Please submit as one document.

See the sample risk analysis on pages 253-254 in the textbook. Your essay should include the following components:

Generate a set of likely risk factors, and discuss them in terms of probability and consequences.

Use a qualitative technique to evaluate project risk.

Use a quantitative technique to evaluate project risk.

Develop preliminary strategies for risk mitigation.

Create a resource-leveling table for your project. For more information on resource leveling, refer to pages 407-416 in the textbook.

Discussion Question

Consider the following statements: The problem with risk analysis is that it is possible to imagine virtually anything going wrong on a project. Where do you draw the line? In other words, how far do you take risk analysis before it becomes overkill?

How would you respond to this observation? Please use examples to support your opinion.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Attachment:- Unit-VII.rar

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