What could happen if enough risks are not fully understood

Assignment Help Operation Management
Reference no: EM131009095

For both essays: use this source and another of your choice:

Mulcahy, R. (2010). Risk management tricks of the trade for project managers + PMI-RMP exam prep guide (2nd ed.). Minnetonka, MN: RMC Publications.

I - What could happen if enough risks are not fully understood before beginning the Perform Qualitative Risk Analysis process?

Allocated topic (see above) identifying the important concepts, values, and practical application. Add at least one source from the outside the book.

II - Select two items from this week s learning that you believe to be most important learning for your situation.

Explain the two items, their relevance, and application. Include one quality source from the Internet in your content.

Reference no: EM131009095

Questions Cloud

Problem regarding the sales rep travel : A sales representative who is on the road visiting clients thinks that, on average, he drives the same distance each day of the week. He keeps track of his mileage for several weeks and discovers that he averages 122 miles on Mondays
Summarize the central value for the profits : a) Make a suitable display of the profits from the data provided. b) Summarize the central value for the profits with a median and mean. Why do they differ? c) Given what you know about the distribution, which of these measures might do a ..
Summarize the central value for sales : a) Make a suitable display of the sales from the data provided. b) Summarize the central value for sales for this week with a median and mean. Why do they differ?
Appropriate graphical displays and summary statistics : The U.S. Department of Transportation collects data on the amount of gasoline sold in each state and the District of Columbia. The following data show the per capita (gallons used per person) consumption in the year 2005. Write a report on the gas..
What could happen if enough risks are not fully understood : What could happen if enough risks are not fully understood before beginning the Perform Qualitative Risk Analysis process
Mean or the median to summarize the center : McGwire, again. Look once more at data of home runs hit by Mark McGwire during his 16-year career as seen in Exercise 34. a) Would you use the mean or the median to summarize the center of this distribution? Why?
Find the volume of r and find plane z : To eliminate the remaining six regions by logical analysis would be rather a pain. Using the picture of R = R1, or using the inequalities defining R1, find the volume of R, and find z.
Do you think it would be skewed to the left : If a histogram for speeds of vehicles through intersection A were drawn, do you think it would be skewed to the left, skewed to the right, or approximately symmetric? Explain.
Describe the techniques of reducing project duration : Present the project plan / network created, and make sure that critical path is properly depicted. Describe the techniques of reducing project duration, and describe if any such techniques are used for your project

Reviews

Write a Review

Operation Management Questions & Answers

  What is the total cost to get the containers

Assume that it costs $480 to ship a 20-foot container and $600 to ship a 40-foot container. What is the total cost to get the containers to the United States. Do you include U.S. port costs in this part of the analysis

  Illustrate difference does it make if a consumer desires

Illustrate what difference does it make if a consumer desires a 10,000-unit order produced also delivered all at one time or in 2,500 - unit batches.

  Illustrates what actors also forces in levis stress

Illustrates what actors also forces in Levis stress also company micro also macro environment have affected its marketing position.

  Imagine that you are the chief operations officer

Imagine that you are the chief operations officer (COO) of Amazon.com. You are interested in creating a competitive advantage for your company (compared to other online retailers) in that you wish to be able to provide to your customers faster shi..

  What is the starting point in developing a capacity plan

What is the starting point in developing a capacity plan for a health care operation. In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand

  The operating income expected if the company produces

A company's flexible budget for 16,800 units of production showed sales, $95,760; variable costs, $53,760; and fixed costs, $50,000. The operating income expected if the company produces and sells 77,200 units is:

  Compare and contrast with the policy it replaces

Compare and contrast with the policy it replaces. Articulate your ideas on how to remedy the issue of corporate malfeasance

  How many containers are needed

A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an average of 93 parts per hour while running. The manager has assigned an inefficiency factor of .13 to the center. How many con..

  Toys should the retailer send to the high-service channel

The GoGo Bunny is a hot toy this Christmas, and the manufacturer has decided to ration supply to all retailers. A large retail chain owns two channels—a discount channel and a high-service channel. The retailer has forecast that the demand for the to..

  Expected return on an average investment in the market

You are considering the purchase of a common stock whose historical beta is .5. What rate of return should you require from this stock if the current risk free rate of return is 4% and the expected return on an average investment in the market is 11%..

  Explain the key management and organizational principles

Explain the key management and organizational principles that are necessary for effective implementation of Six Sigma.

  Antidiscrimination legislation

Given the current state of the workforce, do you think antidiscrimination legislation is still needed to ensure protected groups are represented? Why or why not. Please provide at least two specific reasons to support your opinion.

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