Thursday, 26 June 2014
Project risks in the selected scenario
Select a scenario for your final project. Research and identify
a suitable project for risk management discussion and analysis.
Several examples are available in weekly readings. The following
guidelines apply: The project must contain detailed information
related to overall project requirements and related risks. The
project must contain adequate substance to support discussing risk
identification, risk documentation, and contingency planning. The
project must be ongoing and approved by your facilitator. The
project may be documented through research or a personal
experience. If you are unable to locate a suitable project in
research, two scenarios are available in the virtual organization.
Write a paper of no more than 1,050 words that describes the
project’s background and general requirements, which must include
prescheduled milestones, cost constraints, and quality
requirements. The paper must relay the theoretical and practical
application of the following: The framework for risk identification
in the project; for example: WBS, brainstorming, and critical
success factors Fault tree and event tree techniques and how they
could be used to identify risks Create 15-20 Project risks in the
selected scenario using if/then statements Discuss elements used in
documenting project risks Portion of assignment utilized in final
project
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