Managing Project Risk Unit 1

Scenario Analysis Unit 1

Your Name

American Intercontinental University: MGMT 440

Month Day, 2020

Professor First Last Name

Running head: ASSIGNMENT TITLE HERE

1

PROJECT RISK MANAGEMENT OVERVIEW

Introduction

Explanation: In this section, describe what will be discussed in this report. Briefly describe all main components. Main requirements can be found in assignment description or in this template as separate sections under specific titles. Please DELETE explanations and replace with project-specific text.

Scenario Analysis

Explanation: Please read a scenario in the assignment description section and answer the following questions in a substantive manner. Please justify your recomnedations. It is important that you elaborate your answer rather than providing one or two words answers. Please watch two videos included in the assignment description section because all or majority of information needed to complete this assignment could be found in these videos. Reading materials and watching mini lessons can help as well.

1. What is risk?

Please provide your analysis/answer here.

2. What is risk management?

Please provide your analysis/answer here.

3. What constitutes a threat to a project?

Please provide your analysis/answer here.

4. What opportunities are available to projects?

Please provide your analysis/answer here.

5. What are industry examples of a specific risk management requirement in the preventive action clause?

Please provide your analysis/answer here.

6. How should risk management planning be done?

Please provide your analysis/answer here.

7. What are key characteristics of risk?

Please provide your analysis/answer here.

8. In risk analysis, what are the considerations for risk?

Please provide your analysis/answer here.

9. What is the goal of applying risk response strategies for positive risks?

Please provide your analysis/answer here.

10. What is one of the most common risk identification techniques?

Please provide your analysis/answer here.

11. Risk analysis can be done from what two aspects?

Please provide your analysis/answer here.

12. What are the important tools used in risk analysis?

Please provide your analysis/answer here.

Conclusion

Explanation: In this section, describe what has been discussed in this analysis.

References

Explanation: In this section, you should list all resources used to complete this paper. If you did not use any external resources, please, at least locate “Syllabus” in your course shell. Scroll down to “Unit Overview”. Locate “Reading and Other Resource Materials” for each unit. Please use these and any other resources you used to create this paper. In addition to the textbook, several videos are available to you to learn about main concepts and categories. References should be presented in accordance with APA style.