You are the president of Silver Fiddle Construction (SFC), which specializes in building high-quality, customized homes in the Grand Junction, Colorado, area. You have just been hired by the Czopeks to build their dream home. You operate as a general contractor and employ only a part-time bookkeeper. You subcontract work to local trade professionals. Housing construction in Grand Junction is booming, and you are tentatively scheduled to complete 11 houses this year. You have promised the Czopeks that the final costs will range from $450,000 to $500,000, and that it will take five months to complete the house once groundbreaking has begun. The Czopeks are willing to have the project delayed in order to save costs.You have just finished a preliminary scope statement for the project (see below). You are now brainstorming potential risks associated with the project.1. Identify potential risks associated with this project. Try to come up with at least five different risks.2. Use a risk assessment form similar to the example in Figure 1 below to analyze identified risks.3. Develop a risk response matrix similar to the example in Figure 2 below to outline how you would deal with each of these risks.PROJECT SCOPE STATEMENTPROJECT OBJECTIVEConstruct a high-quality, custom home within five months at a cost not to exceed $500,000.DELIVERABLESA 2,500-square-foot, 2½-bath, 3-bedroom, finished homeA finished garage, insulated and sheet-rockedKitchen appliances to include range, oven, microwave, and dishwasherHigh-efficiency gas furnace with programmable thermostatMILESTONESPermits approved July 5Foundation poured July 12“Dry in” (including framing, sheathing, plumbing, electrical, and mechanical inspections) passed September 25Final inspection November 7TECHNICAL REQUIREMENTSHome must meet local building codes.All windows and doors must pass NFRC class 40 energy ratings.Exterior wall insulation must meet an “R” factor of 21.Ceiling insulation must meet an “R” factor of 38.Floor insulation must meet an “R” factor of 25.Garage will accommodate two cars and one 28-foot-long Winnebago.Structure must pass seismic stability codes.LIMITS AND EXCLUSIONSThe home will be built to the specifications and design of the original blueprints provided by the customer.Owner is responsible for landscaping.Refrigerator is not included among kitchen appliances.Air conditioning is not included, but the house is prewired for it.SFC reserves the right to contract out services.CUSTOMER REVIEW“Bolo” and Izabella CzopekFigure 1:Risk EventLikelihoodImpactDetection DifficultyWhenInterface problems444ConversionSystem freezing255Start-upUser backlash433Post-installationHardware malfunctioning155Installation(Source: Larson & Gray, 2017, Figure 7.6, p. 212)Figure 2:Risk EventResponseContingency PlanTriggerWho Is ResponsibleInterface problemsMitigate: Test prototypeWork around until help comesNot solved within 24 hoursNilsSystem freezingMitigate: Test prototypeReinstall OSStill frozen after one hourEmmylouUser backlashMitigate: Prototype demonstrationIncrease staff supportCall from top managementEddieEquipment malfunctionsMitigate: Select reliable vendorTransfer: WarrantyOrder replacementEquipment failsJim(Source: Larson & Gray, 2017, Figure 7.8, p. 217)Be sure to properly organize your writing and include a cover page, an introduction, headings / subheadings for the body of your work, analysis and recommendations, a conclusion, an appendix, and a list of references.Your paper should be 3-4 pages (900-1200 words) in length (not including the title and references pages) and conform to the Include at least three scholarly references in addition to the course textbook. ReferenceLarson, E. W. & Gray, C. F. (2018). Case Study 7.2. In Project management the managerial process (5th ed., pp. 255-256). New York, NY: McGraw-Hill Education.

Reading Response 1:“What is the essential dividing line between human beings around the world?”In your opinion, is there one fundamental difference which separates people of the wold?What is the primary division of the world?As global citizens vs citizens of somewhere?As the winners and losers from globalization?As a clash of civilizations?There is no necessarily correct answer for this assignment - points will be given for clear expression of thought.An equally valid response is to explain why you think there isn’t one fundamental way in which the world separates.Assignment instructions:Part 1Read the three articles:1 - Friedman - It's a flat world, after all2 - Forsyth - Theresa May's new 3rd way3 - Gelfand - Here's the science...Part 2Summarize and explain the key global division identified in each article. This should be at least a paragraph per article.Part 3Which of the three approaches do you find most convincing for explaining the world? Give justification for your answer. If you prefer a different framework for identifying the world (e.g. Huntingdon's Clash of Civilization thesis), this is the point to introduce it. To have a chance of maximum points, you should try and explore how the three readings connect with each other, even though they use different frameworks. For example, are the winners and losers for Friedman the same groups as Gelfand identifies?Part 4Depending on your answer to Part 3 - which single policy would you advocate for to improve the quality of life of those identified as losing out from globalization.