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2. To which account in the Balance Sheet is the net income or net loss transferred to at the end of the accounting period?
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PJM 480 CSU Global Module 6 Project Risk Management Essay
PJM480 MOD6 Critical Thinking I have attached the assignment in a Word Dox. as it may be easier to read. RequiredChapter 1 ...
PJM 480 CSU Global Module 6 Project Risk Management Essay
PJM480 MOD6 Critical Thinking I have attached the assignment in a Word Dox. as it may be easier to read. RequiredChapter 11 in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Part 1Hoimlin, R. M. (2015). Zombie risks. PM Network, 29(7), 25.Malooley, J. (2015). If only I’d known. PM Network, 29(1), 48-53.Shahani, G., & Rentschler, C. (2015). Better risk-management methods ensure project success. Hydrocarbon Processing, 94(7), 69-72. RecommendedBowers, J., & Khorakian, A. (2014). Integrating risk management in the innovation project. European Journal of Innovation Management, 17(1), 25-40.Option #1: Project Risk Factor
Project risk can be simply defined as any possible event that can
negatively affect the viability of a project and can be computed using
the simple relation:Project Risk = Probability of event * Consequences of eventLet’s investigate the quantitative risk identified for a company, last year.
Probability of Failure Category
Probability of Failure
Consequences of Failure Category
Process Maturity
30%
Performance = 55%
Technical Complexity
25%
Schedule = 75%
Vendor Dependency
30%
Cost = $55
Workforce Availability
10%
Reliability = 20%
Use the table above to answer the following questions:Please calculate the total risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?(Hint: Total Risk Factor = (Pf + Cf) - (Pf*Cf) Where P = Average
probability of failure and C = Average Consequences of Failure. A common
rule of thumb assigns any project with a Risk Factor of below 0.30 as
low risk, with a Risk Factor of between 0.30 and 0.70 as medium risk,
and Risk Factor over 0.7 as high risk).What are all the risk mitigation strategies available to this
company (in the example above)? What specific mitigation options would
you recommend to the corporation?To reduce the total risk factor by one level (i.e., High to Medium
or Medium to Low) what would be your focus among the four probabilities
of failure and four consequences of failure listed?If you were to prioritize your efforts, which risk factors would you address first? Why?Explain the meaning of the following sentence: Reduction of risk factors is not cheap.Your responses should be integrated in a well-written paper that meets the following requirements:Be 2-3 pages in length plus graphical elements, placing these graphical elements in an appendix,Be formatted according to the CSU-Global Guide to APA and Writing Requirements (Links to an external site.), andInclude two scholarly sources from the CSU-Global Library (Links to an external site.).Option #2: Project Risk Management Review
Using past course texts, current suggested readings, and other scholarly resources, write a review of Risk Management.Define the Risk Management process. Be sure to cover each phase, inputs, tools and techniques, and outputs.Be sure to include:Phases,Types of analysis,Categorization and prioritizations, andMitigation strategies.Lastly, conclude with a description of the value of Risk Management to the organization.Your paper should meet the following requirements:Be 3 pages (minimum) in length,Be formatted according to the CSU-Global Guide to APA and Writing Requirements (Links to an external site.), andInclude two scholarly sources from the CSU-Global Library (Links to an external site.).
the case of the unfulfilled promise
THE CASE OF THE UNFULFILLED PROMISEJared, age ninety, had a very valuable violin collection consisting of 10 violins, case ...
the case of the unfulfilled promise
THE CASE OF THE UNFULFILLED PROMISEJared, age ninety, had a very valuable violin collection consisting of 10 violins, cases and bows. He was frail and was helped by a niece Sally, who was an excellent violinist. Just prior to making a new will, Jared told his niece that he was going to give her the violin collection. “It’s yours,” he said, adding that he would temporarily hold on to the collection for safekeeping. That same day he also sent Sally a letter in which he said, “I give you my violin collection, and when I die, it will be yours.”Jared died four weeks later. In his will, which did not refer to the violins, he left his entire estate to his two children. Sally brought suit against the estate to have the violin collection declared her property.The TrialSally testified at the trial about the help she had given her uncle over a period of fifteen years. She produced the letter her uncle had sent her and recalled their many conversations during which her uncle had promised to give her the violins. There was additional testimony that Jared’s children had never even picked up a violin and had been estranged from their father for years.The Arguments at TrialSally’s attorney argued that the collection belonged to Sally because Jared had gifted the violins to her during his lifetime and that there was symbolic delivery. He further argued that Jared’s keeping possession of the violins was solely to protect them and in no way invalidated the gift. He also argued that to deprive Sally of the collection that her uncle obviously wanted to give her would be unfair.The children’s attorney argued that the will was validly executed after the letter was sent and promises made orally or in writing do not constitute valid gifts. They further argued that actual and not symbolic delivery is an essential requirement for a gift to be deemed valid.Questions to DiscussWho has the stronger argument, Sally or Jared’s children? Why?If you were the jury hearing this case, for whom would you decide? Why?Should considerations of fairness and the intentions of the person making the will take precedence over a validly executed will?What problems do you think could arise if oral or written promises were considered under the circumstances of this case?
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PJM 480 CSU Global Module 6 Project Risk Management Essay
PJM480 MOD6 Critical Thinking I have attached the assignment in a Word Dox. as it may be easier to read. RequiredChapter 1 ...
PJM 480 CSU Global Module 6 Project Risk Management Essay
PJM480 MOD6 Critical Thinking I have attached the assignment in a Word Dox. as it may be easier to read. RequiredChapter 11 in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Part 1Hoimlin, R. M. (2015). Zombie risks. PM Network, 29(7), 25.Malooley, J. (2015). If only I’d known. PM Network, 29(1), 48-53.Shahani, G., & Rentschler, C. (2015). Better risk-management methods ensure project success. Hydrocarbon Processing, 94(7), 69-72. RecommendedBowers, J., & Khorakian, A. (2014). Integrating risk management in the innovation project. European Journal of Innovation Management, 17(1), 25-40.Option #1: Project Risk Factor
Project risk can be simply defined as any possible event that can
negatively affect the viability of a project and can be computed using
the simple relation:Project Risk = Probability of event * Consequences of eventLet’s investigate the quantitative risk identified for a company, last year.
Probability of Failure Category
Probability of Failure
Consequences of Failure Category
Process Maturity
30%
Performance = 55%
Technical Complexity
25%
Schedule = 75%
Vendor Dependency
30%
Cost = $55
Workforce Availability
10%
Reliability = 20%
Use the table above to answer the following questions:Please calculate the total risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?(Hint: Total Risk Factor = (Pf + Cf) - (Pf*Cf) Where P = Average
probability of failure and C = Average Consequences of Failure. A common
rule of thumb assigns any project with a Risk Factor of below 0.30 as
low risk, with a Risk Factor of between 0.30 and 0.70 as medium risk,
and Risk Factor over 0.7 as high risk).What are all the risk mitigation strategies available to this
company (in the example above)? What specific mitigation options would
you recommend to the corporation?To reduce the total risk factor by one level (i.e., High to Medium
or Medium to Low) what would be your focus among the four probabilities
of failure and four consequences of failure listed?If you were to prioritize your efforts, which risk factors would you address first? Why?Explain the meaning of the following sentence: Reduction of risk factors is not cheap.Your responses should be integrated in a well-written paper that meets the following requirements:Be 2-3 pages in length plus graphical elements, placing these graphical elements in an appendix,Be formatted according to the CSU-Global Guide to APA and Writing Requirements (Links to an external site.), andInclude two scholarly sources from the CSU-Global Library (Links to an external site.).Option #2: Project Risk Management Review
Using past course texts, current suggested readings, and other scholarly resources, write a review of Risk Management.Define the Risk Management process. Be sure to cover each phase, inputs, tools and techniques, and outputs.Be sure to include:Phases,Types of analysis,Categorization and prioritizations, andMitigation strategies.Lastly, conclude with a description of the value of Risk Management to the organization.Your paper should meet the following requirements:Be 3 pages (minimum) in length,Be formatted according to the CSU-Global Guide to APA and Writing Requirements (Links to an external site.), andInclude two scholarly sources from the CSU-Global Library (Links to an external site.).
the case of the unfulfilled promise
THE CASE OF THE UNFULFILLED PROMISEJared, age ninety, had a very valuable violin collection consisting of 10 violins, case ...
the case of the unfulfilled promise
THE CASE OF THE UNFULFILLED PROMISEJared, age ninety, had a very valuable violin collection consisting of 10 violins, cases and bows. He was frail and was helped by a niece Sally, who was an excellent violinist. Just prior to making a new will, Jared told his niece that he was going to give her the violin collection. “It’s yours,” he said, adding that he would temporarily hold on to the collection for safekeeping. That same day he also sent Sally a letter in which he said, “I give you my violin collection, and when I die, it will be yours.”Jared died four weeks later. In his will, which did not refer to the violins, he left his entire estate to his two children. Sally brought suit against the estate to have the violin collection declared her property.The TrialSally testified at the trial about the help she had given her uncle over a period of fifteen years. She produced the letter her uncle had sent her and recalled their many conversations during which her uncle had promised to give her the violins. There was additional testimony that Jared’s children had never even picked up a violin and had been estranged from their father for years.The Arguments at TrialSally’s attorney argued that the collection belonged to Sally because Jared had gifted the violins to her during his lifetime and that there was symbolic delivery. He further argued that Jared’s keeping possession of the violins was solely to protect them and in no way invalidated the gift. He also argued that to deprive Sally of the collection that her uncle obviously wanted to give her would be unfair.The children’s attorney argued that the will was validly executed after the letter was sent and promises made orally or in writing do not constitute valid gifts. They further argued that actual and not symbolic delivery is an essential requirement for a gift to be deemed valid.Questions to DiscussWho has the stronger argument, Sally or Jared’s children? Why?If you were the jury hearing this case, for whom would you decide? Why?Should considerations of fairness and the intentions of the person making the will take precedence over a validly executed will?What problems do you think could arise if oral or written promises were considered under the circumstances of this case?
Cuyamaca College The Sender as An IT Department Manager Essay
Read the following prompt in the picture below to understand what the essay want. Make it 2 to 3 pages. And the prompt is ...
Cuyamaca College The Sender as An IT Department Manager Essay
Read the following prompt in the picture below to understand what the essay want. Make it 2 to 3 pages. And the prompt is basically a questions that you have to answer in paragraphs to make it an essay of two to three pages but please can you don’t use a high academic vocabulary, like just try to use a simple and easy vocab words in the essay
2 pages
Generations In The Work Place.edited
Based on Chip Conley's ted talk, there are five different generations in the workplace. The younger generations are more e ...
Generations In The Work Place.edited
Based on Chip Conley's ted talk, there are five different generations in the workplace. The younger generations are more equipped with technology and ...
8 pages
Milestone 2
Build Your Dreams (BYD) Company Limited is a Chinese multinational company headquartered in Shenzhen, Guangdong province i ...
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