Perform a Risk Analysis
Lori127$$_*
3 years ago
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files (3)DHA-7010_Week_4_Assignment_VCS-JNR-Non-Permanence-Risk-Report.doc
DHA7010week4Assignment2.docx
DHA-7010_Week_4_Assignment_Excel1.xlsx
DHA-7010_Week_4_Assignment_VCS-JNR-Non-Permanence-Risk-Report.doc
DHA7010week4Assignment2.docx
DHA7010 week 4 Assignment 2
Instructions
This past week, you identified your Chronic Illnesses Management project risks and analysis technique. For this assignment, you will perform a risk analysis and prioritization for your project using the identified technique (technical risks, managerial risks, commercial risks, and external risks). Your assignment deliverable should include:
1. Risk Report
· Template
2. Risk register
· Excel spreadsheet template
1. List your top project risks and prioritize how severe each risk is.
2. Describe the impact to the project and how likely are they to occur.
3. Determine how often the project will refresh the assessment of the top risks.
4. Determine who owns the top risks and is accountable for results, and to whom do they report.
5. Discuss the steps you will use to perform risk analysis and prioritize risk in your project risk register, and
6. Discuss which analysis approach you will use (qualitative/quantitative risk analysis techniques) and why.
Your response should reflect graduate-level writing and APA standards.
Length: Include the risk register excel and risk report. The report should be a minimum of 3-5 pages, not including title and reference pages, which is based on risk report template.
References: Include a minimum of 2 scholarly articles.
DHA-7010_Week_4_Assignment_Excel1.xlsx
Sheet1
| Project X Risk Register | |||||||||||||
| Positive Risk Response Options | Exploit | Share | Enhance | Accept | Risk | Something which has not happened, but might | |||||||
| Negative Risk Response Options | Avoid | Transfer | Mitigate | Accept | Issue | Something which has already happened | |||||||
| Alternate Response Options | Contingency | No longer active | |||||||||||
| Risk ID | Description | Risk Owner | Risk Trigger | Risk Category | Probability (1-3) | Impact (1-3) | PI Score | Expected Result, No Action | Risk Response Type | Response Trigger | Response Owner | Response Description | Expected Impact of Response |
| Description of the risk | Name of person who monitors the risk | How you know the risk is becoming an issue or has reached a point that requires action. | Group defines the types of risks (technology, financial, staffing, etc.) | Group sourced rough estimate of how likely this is to occur | Group sourced rough estimate of how significant the impact of this risk will be if/when it becomes an issue | Probability multiplied by Impact | What will happen if the risk becomes an issue and no action is taken | Decision made by group on how to respond to this risk (see above in blue) | How do you know it is time to put the response into play | Who is responsible for initiating the response | What is the response | What do you expect will result from the response | |
| EXAMPLE | There is a chance that the project cost will exceed the amount that the company has budged for the work. | Joe Agileguy | If the expected work remaining will cost more than $9,000 over budget we will need to seek additional funding from management. | Financial | 2 | 3 | 6 | We will not be able to secure funding necessary to complete the project. Work may stop before MVP has been achieved. Product may never get to market and be deemed a total failure. | Mitigate | When estimated cost for MVP is within 5K of approved project total we will begin seeking additional funding. | Jimmy Kanban | Meet with key stakeholders to review finished product, total spend to date, work remaining and expected total spend. Ask for additional funding to complete work. | Given that our team has a mostly stable velocity, a proven ability to meet commitments and deliver value, we expect the answer to be yes provided the total amount requests is less than $25K. |
