Order 1274068: Assignment 3: Risk Workshop and Risk Register

Instructions for Assignment 3: Risk Workshop and Risk Register

Write an eight (8) Risk Workshop and Risk Register Component paper in which you:

1. Identify the required pre-workshop activities.

2. 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.

3. 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.

4. Justify the assignment of probability and impacts for each threat identified in criterion number 3 of this assignment.

5. 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.

6. Justify the assignment of probability and impacts for each opportunity identified in criterion number 5 of this assignment. 

7. 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.

1. Reading(s)

0. Hillson and Simon, Chapter 15: Simulating Possible Futures (Quantitative Analysis)

0. Hillson and Simon, Figure B-5: Sample Project-Specific Probability-Impact Scales

0. Hillson and Simon, Figure B-6: Sample Double Probability-Impact Matrix

0. Heldman, Chapter 5: Analyzing and Prioritizing Risks

Practical Project Risk Management - 1 Year Option, 2nd Edition David Hillson

Project Manager's Spotlight on Risk Management - 1 Year Option Kim Heldman

https://eds.a.ebscohost.com/eds/ebookviewer/ebook/bmxlYmtfXzE2NzIyOTdfX0FO0?nobk=y&sid=d0a2f67d-11ca-4cad-86cf-979825a31cf9@sdc-v-sessmgr05&vid=6&format=EB&rid=1

(this link goes to ebscohost library where you can read book information for chapter 15)

http://www.atom-risk.com/templates.html

(this link should be helpful)

https://www.researchgate.net/publication/237383505_Using_a_Risk_Breakdown_Structure_in_project_management (you can go to this website where author has paper in pdf form on the website called researchgate) Use as example only though especially with charts.