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Unit 4 Discussion Paper Instructions - Qualitative Risk Analysis.

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Added on  2019-09-16

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Unit 4 Discussion Paper Instructions - Qualitative Risk AnalysisIf (assumption only) you have a list of risks identified and loaded into the risk registers, you needto prioritize which risks are the most important to focus our efforts on.1.Discuss, design, the approach, process, and qualification rules by which you will performa risk qualification on the case study. Review the techniques that Prichard recommends in Part II of his text.2.At the heart of this process is the risk matrix. All of the course readings provide examples of a risk matrix; feel free to use these asmodels. It is extremely important to have clear measurement for probability and impact in the matrix. You should design these probability and impact scales clearly.3.Your matrix should enable you to calculate a risk score. You should define how the risk score is calculated using your matrix. This score will ultimately be used to prioritize which risks are low, medium, and high.4.Consideration should be given in your discussion on how the output results will be used by the project team and project manager to prioritize the most significant risks in the nextstep of the risk management process, otherwise known as risk quantification. Note that the more significant risks coming from the qualification step should have their probability and impact estimated quantitatively during the risk quantification (next assignment).Write a short paper (400-800 words in length) containing your answers.Successful papers demonstrate:Thoughtful responses that compare/contrast/assess different authors' perspectives.Your insights as well as examples from your personal/work experiences that demonstrate your ability to apply what you are learning.APA Citations documenting all Internet sources and assigned text readings that were usedto answer the questions.All references listed correctly at the end of the paper and cited properly using APA in the paper.
Unit 4 Discussion Paper Instructions - Qualitative Risk Analysis._1

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