Describing the possible risk events for the project

Assignment Help Project Management
Reference no: EM1339919

You are a manager at Winsome Manufacturing Company, a company that produces plastic storage containers and sells them to the home consumer through home sales events. Although this product is being targeted at the home consumer, the sales department thinks there is great potential in the commercial market, and it should be pursued.

Describe the possible risk events for the project. Identify the high probability, high impact risk events. For each of those risk events, identify the possible actions to mitigate the risk.

Describe how changes to the risk management plan will be identified, reviewed, and approved.

Reference no: EM1339919

Questions Cloud

Risk on information technology project : Find an example of a company that took a big risk on an information technology project and succeeded.
Changing the course of war : How did this happen? How did the Union policy towards slavery and enslaved people change over the course of the war?
Express some of the limitations involved with processing : What are some of the unique circumstances of forensic genetic evidence.
Option contracts to minimize risk : Benefit from using option contracts to minimize risk.
Describing the possible risk events for the project : Describe the possible risk events for the project. Identify the high probability, high impact risk events. For each of those risk events, identify the possible actions to mitigate the risk.
The company for economic cooperation and development : The company for Economic Cooperation and Development (OECD) provides some of the best data and statistics available for comparative international work.
Explain intellectual property (ip) : Explain Intellectual Property (IP) and IP (Intellectual Property) is defined as any product or the result of a mental process that is given legal protection against unauthorized use
Explaining six barriers for project success : What are the six barriers for project success? Give examples of how these barriers might hamper a project.
What is the impact of chromosomal aberration : What would happen when an abnormal gamete is crossed with a normal gamete produced from the end product of MeiosisII.

Reviews

Write a Review

Project Management Questions & Answers

  Analyzing the facets of team performance

Analyze the facets of team performance to determine which capacity is the mot important across the greatest number of situations. Provide specific examples to suport your response.

  Work breakdown structure differ from the project network

How does the Work Breakdown Structure differ from the Project Network (Diagram)?

  Organizations undertaking information system projects

Why is it that organizations undertake information system (IS) projects.

  Procurements form of formal or informal risk review

All of these are considered projects or procurements that required some form of formal or informal risk review.

  Describe a situation in which manager choose pert

Describe a situation in which a project manager would choose PERT for her project.

  Determining total cost of the proposed job

Determine the total cost of the proposed job. Determine the company's bid if the bid is based upon full manufacturing cost plus 30 percent.

  Enhancing steps associated with reengineering

Select the PERT technique you consider LEAST valuable when altering or enhancing steps associated with reengineering. Explain your choice. Describe and analyze how the two techniques you chose influence the Critical Path Method.

  Project goals support corporate strategies

Ensure that project goals support corporate strategies.

  Describing consensus on the scope of project

Discuss and come to a consensus on the scope of the project, including the major deliverables and the items that are not part of the scope.

  Resource availability risk in a project

What are examples of a resource availability risk in a project?

  Explaining variable-average and total cost of production

Use GM (General Motors) as an example, explain variable, fixed, average, marginal, and total cost of production.

  Approach to defining the project budget

Using your knowledge of the case study, prepare the e-mail you will send Walter that describes your approach to defining the project budget.

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