Premium Essay

Bus 519 Week 4 Assignment 2 – Risk Management Plan

In:

Submitted By coursehomework
Words 639
Pages 3
BUS 519 WEEK 4 ASSIGNMENT 2 – RISK MANAGEMENT PLAN

http://www.coursehomework.com/product/bus-519-week-4-assignment-2-risk-management-plan/

Contact us at:
 +1 315-750-4434
 help@coursehomework.com

BUS 519 WEEK 4 ASSIGNMENT 2 - RISK MANAGEMENT PLAN
Note: The assignments are a series of papers that are based on the same case, which is located in the Student Center of the course shell. The assignments are dependent upon one another.
In this assignment, you will create a risk management plan. You have a budget of $100,000 and a timeline of six (6) months for the plan. Please refer to Figure A-1, Risk Management Plan Template, from Appendix A of the Hillson and Simon text to create the plan.
Write an eight to ten (8-10) pages paper Risk Management Plan Component paper in which you: 1. Prepare the Scope and Objectives of the Risk Management Process section of the Risk Management Plan based on the facts presented in the case study. 2. Determine the project size, based on the facts presented in the case study, and provide justification based on Figure 3-4, Example Project Sizing Tool (Chapter 3 of the Hillson and Simon text). 3. Select the risk tools and techniques, and complete the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Provide a rationale for the selection. 4. Develop the Risk Reviews and Reporting section of the Risk Management Plan based on the project size previously determined. 5. Define the Probability and Impacts section of the Risk Management Plan and justify the values assigned. 6. Define the Risk Thresholds section of the Risk Management Plan and justify the values assigned.
Click Here to Buy this; http://www.coursehomework.com/product/bus-519-week-4-assignment-2-risk-management-plan Course Home Work aims to provide quality study

Similar Documents

Premium Essay

Bus 519 Week 3 Bus519 Week 3

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Week 6 Bus519 Week 6

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Complete Course Bus519 Complete Course

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix...

Words: 2421 - Pages: 10

Premium Essay

Bus 519 Week 1 Bus519 Week 1

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix...

Words: 2421 - Pages: 10

Premium Essay

Bus 519 Week 5 Bus519 Week 5

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Week 11 Bus519 Week 11

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Complete Course Bus519 Complete Course

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix...

Words: 2421 - Pages: 10

Premium Essay

Bus 519 Week 4 Bus519 Week 4

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Week 7 Bus519 Week 7

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Week 8 Bus519 Week 8

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Week 2 Bus519 Week 2

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix...

Words: 2421 - Pages: 10

Premium Essay

Bus 519 Week 9 Bus519 Week 9

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Week 10 Bus519 Week 10

...BUS 519 Complete Course BUS519 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 http://workbank247.com/q/bus-519-complete-course-bus519-complete-course/22300 BUS 519 Week 1 Discussion "What is Risk?"  Please respond to the following: * There are three (3) schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value of having a risk strategy despite the cost associated with it. Include an example to support your response. Provide a rationale for your selection and determine how this approach helps a project to be successful. BUS 519 Week 2 Discussion "Need for Risk Management" Please respond to the following: * There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the obstacles. BUS 519 Week 3 Discussion "Project Initiation" Please respond to the following: * Using the “Stakeholder Analysis Template” (Appendix B2 in...

Words: 2422 - Pages: 10

Premium Essay

Bus 519 Project Risk Management Entire Course

...BUS 519 Project Risk Management Entire Course https://homeworklance.com/downloads/bus-519-project-risk-management-entire-course/ BUS 519 Assignment 1: Assess Organizational Readiness ( EQI in SIWA ) Due Week 3 and worth 200 points Note: The assignments are a series of papers that are based on the same case, which is located in the Student Center of the course shell. The assignments are dependent upon one another. Review the assigned case study and complete this assignment. Write a five to seven (5-7) page paper in which you: 1. Analyze how the Critical Success Factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis. 2. Determine the project benefits, organizational readiness, and risk culture of the company in the case study. Provide justification for your response. 3. Develop at least three (3) project risk recommendations based on the analysis from criteria number 1 and 2 of this assignment. 4. Identify the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist (Figure A-2, Hillson & Simon text). 5. Use at least four (4) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides. • Include a cover page containing the title of the assignment...

Words: 1539 - Pages: 7

Premium Essay

Bus 519 Assignment 2: Risk Management Plan ( Eqi in Siwa )

...BUS 519 Assignment 2: Risk Management Plan ( EQI in SIWA ) https://homeworklance.com/downloads/bus-519-assignment-2-risk-management-plan-eqi-siwa/ Due Week 4 and worth 240 points Note: The assignments are a series of papers that are based on the same case, which is located in the Student Center of the course shell. The assignments are dependent upon one another. In this assignment, you will create a risk management plan. You have a budget of $100,000 and a timeline of six (6) months for the plan. Please refer to Figure A-1, Risk Management Plan Template, from Appendix A of the Hillson and Simon text to create the plan. Write an eight to ten (8-10) page Risk Management Plan Component paper in which you: 1. Prepare the Scope and Objectives of the Risk Management Process section of the Risk Management Plan based on the facts presented in the case study. 2. Determine the project size, based on the facts presented in the case study, and provide justification based on Figure 3-4, Example Project Sizing Tool (Chapter 3 of the Hillson and Simon text). 3. Select the risk tools and techniques, and complete the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Provide a rationale for the selection. 4. Develop the Risk Reviews and Reporting section of the Risk Management Plan based on the project size previously determined. 5. Define the Probability and Impacts section of the Risk Management Plan and...

Words: 472 - Pages: 2