Description
Risk Workshop and Risk Register
Answer all five questions with short answers (one paragraph per question, not more than two paragraphs per questions maximum).
- Identify the required pre-workshop activities.
- Prepare a risk workshop agenda based on Figure B-8, Sample Agenda for a First Risk Assessment / Two – Day Risk Workshop (Appendix B of the Hillson and Simon text). Include suggested time intervals for each activity and justify why each agenda item is relevant for this case.
- Determine the top five (5) threats in a risk register following Figure B-11, Sample Simplified Risk Register Format (Appendix B of the Hillson and Simon text). Include information from the case for each threat.
- Justify the assignment of probability and impacts for each threat identified in criterion number 3 of this assignment.
- Document the top three (3) opportunities in a risk register following Figure B-11, Sample Simplified Risk Register Format (Appendix B of the Hillson and Simon text). Include information from the case for each opportunity.
- Justify the assignment of probability and impacts for each opportunity identified in criterion number 5 of this assignment.
- Use at least two (2) 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, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
- Assess and prioritize risks to the project through an analysis of the active threats and opportunities presented.
- Apply the Active Threats and Opportunities Management (ATOM) process to ensure a consistent, measurable result of this analysis.
- Use technology and information resources to research issues in project risk management
- Write clearly and concisely about project risk management using proper writing mechanics.
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Running head: RISK WORKSHOP AND RISK REGISTER
Risk Workshop and Risk Register
Name:
Institution:
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RISK WORKSHOP AND RISK REGISTER
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Risk Workshop and Risk Register
Question 1
Pre- workshop activities involved in a risk management process involve all the planning
and designing deliveries according to the expectations. Before the workshop activities are set to
begin, the planning has to involve design scopes of the workshop itself, the management
decisions and financial implications. The design has to state the length and scope of the coverage
as per the workshops. All the required attendants and roles are discussed and enabled as per the
definitive timeframe and mandates that will govern the risk management and assurances of the
result. For the financial planning, the activities have to take into account the budgetary
deliberations regarding the whole workshop and equated period for effectiveness (Jordao and
Sousa, 2010). In the pre- workshop momen...