MPM344-1304A-01 Project Risk Management IP2 A+ rated

Aug 26th, 2016
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Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time. Assignment: For this assignment, you will use what you identified as your approach in this week’s Discussion Board to identify and assess all of the risks that are associated with your project. You should identify a minimum of 8 risks then assess them by employing the techniques that you selected in the Discussion Board assignment. For the compilation of your risk assessment component, you may use a table similar to the following: Note: This is just a sample, and you may choose to represent it in a different format as long as you have all of the pertinent risk-related information, including the following: •Risk name •Risk description •Likelihood (using a scale) •Impact (use both as a scale and

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Table of contentProject Outlinei.1. Project Descriptioni.2. Project Milestonesi.2.1.1.Past Milestonesi.2.1.2.Future MilestonesRisk Management Justificationi.3. Letter to Project Sponsori.4. Risk Management Stepsi.4.1. Risk Management Planningi.4.2. Identifying Risk Eventsi.4.3. Qualitative Risk Analysisi.4.4. Quantitative Risk Analysisi.4.5. Risk Response Planningi.4.6. Risk Monitoring and Controli.5. Risk Management Step DiagramProject Risks Identificationi.Report on Stakeholders/Project Teams Utilized to Identify Risks.ii.8 types of risksi.1.1.1.Technical Risksi.1.1.2.Equipment Risksi.1.1.3.Costs Risksi.1.1.4.Staff Risksi.1.1.5.Schedule/Delivery Risksi.1.1.6.Programmatic Risksi.1.1.7.Client Risksi.1.1.8.Scope RisksProject Risks Assessmenti.2. Risks Probability Matrixi.3. Risks Assessment ChartProject OutlineProject DescriptionThe I-73/I-74 extension corridor had been discussed many times during the late nineteen 80sand early nineteen 90s. There were numerous issues that arose with the project that prevented itfrom actually making it to committee in order to debate and either reject or approve the project.It wasnt until 1991 that the project was finally given the green light in preparation for the nextset of steps that would eventually lead to breaking ground. The purpose of the corridor is to add ahighway extension that would run parallel to US-220 and interconnect with US-74, NC-38, US311,

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