Develop a response strategy for one of the negative risks and one of the positive risks. Enter the information in the risk register.
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- Solve the question : Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The question is : assign a numeric value for the probability and impact of each risk on meeting the main project objective.Solve the questions: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The question is: Plot the six risks on a probability/impact matrix. Also assign a numeric value for the probability and impact of each risk on meeting the main project objective. Note : drow the table about probability / impact matrixManaging risk in project is the responsibilities of all stakeholders. Althoughthe potential risk cannot be eliminated, however, the potential risks to happen can be minimized and reduced. In organization, risks can come from all aspects such as business, technical, market, program, or other types of risks. 1. Describe TWO types of analysis processes conducted in performing risk analysis and management.2. List and discuss any THREE types of risk components that can be used to classify the severity level of risk categories. 3. Evaluate how organizations identify, manage, and minimize risks by adopting the use of risk register table?
- Following mini-case scenarios involve ethical dilemmas associated with projectmanagement. How would you respond to each situation, and why? Gold Star LAN projectYou work for a large consulting firm and were assigned to the Gold Star LAN project. Work on the projectis nearly completed and your clients at Gold Star appear to be pleased with your performance. Duringthe course of the project, changes in the original scope had to be made to accommodate specific needsof managers at Gold Star. The costs of these changes were documented as well as overhead andsubmitted to the centralized accounting department. They processed the information and submitted achange order bill for your signature. You are surprised to see the bill is 10 percent higher than what yousubmitted. You contact Jim Messina in the accounting office and ask if a mistake has been made. Hecurtly replies that no mistake was made and that management adjusted the bill. He recommends that yousign the document. You talk to another…Discuss the scope of project risk management. Provide your opinion on how the challenges of Covid-19 affected the scope of project risk management. Analyse the various sources of project risk associated with performance criterion. With regards to the case study, discuss in detail, the possible negative impact of COVID-19 on sources of project risk associated with performance criterion. Describe the execution stage within the context of project stakeholder views on risk needs. Discuss the significance of contingency information in project risk management. Analyse, in detail, the five (5) phases of a disaster recovery plan. Explain how a business could deflect / transfer risk associated with projects.Please suggest related the project: Recommendation: If the company should go forward or not with this project. Use the case, scope and assessments to justify your answer.
- 1.four key stages in project risk management 2.five common classification clusters of risk 3.methods available for conducting risk factors identification 4.four possible alternatives a project organization can adopt in deciding how to address riskIf you are working on the project for Company ‘B’, then please write at least 6 major Risk factors, you can foresee, that may arise during the execution of the project. You are also required to recommend the risk mitigation (risk control) steps against each risk.Prepare an Executive Summary of the AMAZON GO and product you want to use for your final projectPrepare an Executive Summary of the AMAZON GO and product you want to use for your final project. Use the attached rubric and include:a brief description of the company and the product, using a or the company’s mission, vision, etc. to explain why you think this product will be successful;a detailed description of the ;and a rough list of potential media choices to reach your target market.For questions check the rubric. My company is Answer Preview for Prepare an Executive Summary of the AMAZON GO and product you want to use for your final projectAPA330 Words Added to cart
- From the research topic and questions below kindly prepare the Discussions of the Research Project to include: ▪ Identify and interpret the important statistical so that readers can understand the purpose of your research. ▪ To draw conclusions and suggest the implication of your findings. ▪ To suggest how this type of research could be improved. ▪ To compare your results with existing research so you can make suggestions and recommendations for future research. ▪ Limitations – discuss how your research could have been improved. "An Analysis of the factors influencing Recruitment, Selection and Retention of Public Sector Workers in Montserrat” (1) What are the challenges that exist in the Montserratian Public Sector that influence the Recruitment, Selection and Retention of workers? (2) What steps are being currently undertaken to correct the identified challenges in the Recruitment, Selection and Retention practices in the Montserratian Public Service? (3) What are the…determine.... What strategies can organizations use to manage project risks effectively within their project system management framework?Scenario: You work for Company XYZ and are assigned to work with the marketing team dedicated to a line of baby products. Write a 50-word description for a new product, an eco-friendly baby diaper. Create a name for this eco-friendly diaper. Be sure to mention the feature and details about the product, and how it differs from other leading diaper brands. Part two of the activity is to answer the following: (1) Who is the audience for business communication? (2) What is the audience’s general attitude toward the product? (3) What does the audience need to know?