List and discuss the major risk management functions

Assignment Help Operation Management
Reference no: EM13762132

A firm stores data for other organizations. The company stores data across many states, providing backup data storage for state, municipal governments, and large corporations. The firm is deploying a new set of storage devices that are faster, denser, and more energy efficient.

Part 1: List and discuss the major risk management functions from a project management perspective for the new data storage project.

Part 2: Describe a positive and a negative risk event, the related consequences, and the risk response plan for each of the two risks for the new data storage project.

Reference no: EM13762132

Questions Cloud

Example of three different tasks that business manager faces : List and provide an example of three different tasks that a business manager faces in the workplace. Explain your answer with details.
Good idea for it departments to hire contractors : 1.The case mentions the dependence of BP's IT organization on external contractors. Why would this be an issue? When is it a good idea for IT departments to hire contractors, and when is it not? Discuss some scenarios.
Traditional project management versus development : Compare and contrast the development of a WBS in traditional project management versus development in an agile environment.
Explain role of gender in discussion on social status : Explain the role of race and gender in the discussion on mobility and social status. Explore and then explain why each generation achieved different levels of social mobility.
List and discuss the major risk management functions : A firm stores data for other organizations. The company stores data across many states, providing backup data storage for state, municipal governments, and large corporations. The firm is deploying a new set of storage devices that are faster, denser..
Organization development values : Can you think of situations when Organization Development (OD) values might be appropriately violated in a consulting engagement?
Most common problems encountered in systems development. : Identify and discuss five of the most common problems encountered in systems development. What are some of the solutions that you will offer to minimize the identified issues? Please, justify your answer.2-4 pages, not including cover sheet and refer..
Unamortized discount on the bonds : On July 1, 2010, an interest payment date, $60,000 of Parks Co. bonds were converted into 1,200 shares of Parks Co. common stock, each having a par value of $45 and a market value of $54. There is $2,400 unamortized discount on the bonds. Using th..
Emergency preparedness and disaster response : How the professional nurse would use clinical judgment and decision-making skills to provide appropriate nursing care.

Reviews

Write a Review

Operation Management Questions & Answers

  There are six factors used in assessing project feasibility

There are six factors used in assessing project feasibility. They are economic, operational, technical, schedule, legal and contractual, and political. Which one of these six assessment factors is the most important?

  Organizational objectives and supply objectives typically

Organizational objectives and supply objectives typically are expressed:

  Discuss risk and labor

Discuss, Risk and Labor. The post must include at least 250 words, APA format, in text citations, a reference list, and conclude with a question for other students to answer/ponder. Finally, used attached document reference to completing assignmen..

  Calculate the expected return

Calculate the return (in Percent) for each value of b. (note: you may just calculate the totaal return and not worry about how this split between current yield and capital- gains yield)

  The clean-air carpet cleaning company

What critical errors do you see in the initial planning phase of the Clean-Air Carpet Cleaning Company. What economic factors do you think Susan, Frank, and Jimmy should have included in their plans for the Clean-Air Carpet Cleaning Company

  What company wants to forecast demand

company wants to forecast demand using the weighted moving average.

  Find economic production quantity

ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year.

  Strategy that whole foods market is pursuing

What are the chief elements of the strategy that Whole Foods Market is pursuing

  Describe the primary internal organizational considerations

what are the primary internal organizational considerations for the development of a strategic plan? which

  Explain what is the net present value

Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals. The fixed costs for proposal A are $50,000, and for proposal B, $70,000. The variable cost for ..

  Use the least squares regression method to derive

Graph these data to see whether a linear equations might describe the relationship between the group's television shows and bass drum sales.

  Describe additional training necessary for employees

Describe additional training necessary for employees to advance according to map. Explain role of organizational incentives also mentoring in developing talent pools. This additional narrative should be 200-300 words, submitted as an additional sl..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd