"Possible Risk Impacts" Please respond to the
following: • Using Table 5.4 Possible Risk Impacts, (Chapter 5 of
the Heldman text), select the top-three most critical risks
regardless of the size or scope of a project. Justify your
selection. • Suggest strategies for the project manager to address
each type of the risks selected in Part 1 of this discussion.
Support your suggestion.
Week 6 DQ 2 "Quantitative Risk Analysis" Please respond to the
following: • After reviewing the Monte Carlo Analysis method
presented in Chapter 15 of the Hillson and Simon text, justify why
a project manager would request the use of this methodology for a
large, complex project. Include an example to support your
response. • When an organization cannot justify the use of a method
such as Monte Carlo, recommend an alternative tool that would allow
the project manager to make informed decisions. Provide a rationale
for your recommendation
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