Perform a risk assessment for that project

Assignment Help Project Management
Reference no: EM133061821

Learning Activity: Risk Assessment

You learnt the typical inclusions in a risk register (page 417 of PMBOK). Your study in this course can be viewed as a project. It satisfies the definition of a project, in that it is a temporary endeavour to create a unique result, product, and outcome. Perform a risk assessment for that project and record the risks identified in a risk register that contains all the inclusions listed on page 417 of PMBOK. For each risk, develop a response strategy.

For example, if you are an international student, changes in exchange rate may be considered as a risk. If Australian dollar becomes strong against the currency of your home country, then that event is a threat. Evaluate the likelihood and the impact of that threat. What would you do as a response to that threat?

Think as many risks as possible and record them in the risk register you developed. Post your risk register on Module 3.2 Risk assessment discussion forum. Read other students' posts. If they have made an error in their risk register, or if you find their understanding of the risk register inclusions are not correct, provide constructive feedback to their risk registers.

Reference no: EM133061821

Questions Cloud

How do taxes affect the choice of debt versus equity : How do taxes affect the choice of debt versus equity? Which type of firm is more likely to experience a loss of customers in the event of financial distress?
Amortize the loan : An interest-only ARM is made for $206,000 for 30 years. The start rate is 5 percent and the borrower will make monthly interest-only payments for three years.
Disadvantages to a private company of raising money : What are some of the alternative sources from which private companies can raise equity capital?
Estimated property value and land value : Ajax Investment Company is considering the purchase of land that could be developed into a class A office project. At the present time, Ajax believes that the s
Perform a risk assessment for that project : Evaluate the likelihood and the impact of that threat. What would you do as a response to that threat - Perform a risk assessment for that project and record
New zealand producer of consumer goods : Ivano Boesky is part of the executive team of a large New Zealand producer of consumer goods sold in New Zealand, Australia, and to a smaller extent internation
What is the present value of cash flows : An owner of the Atrium Tower Office Building is currently negotiating a five-year lease with ACME Consolidated Corporation for 20,000 rentable square feet of of
Calculate the firm weighted average cost of capital : a. Calculate the firm's Weighted Average Cost of Capital.
What is the risk in this situation : Eddie offers to count the cash in the cash register, deposit it at the bank, and record the accounting journal entries. What is the risk in this situation

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

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