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Qualitative Risk Assessment. Imagine that you are a member of a project team that has been charged to develop a new product for the residential building industry. Using a qualitative risk analysis matrix, develop a risk assessment.Based on this information, how would you rate the consequences of each of the identified risk factors? Why? Construct a risk matrix and classify each of the risk factors in the matrix.

Risk Mitigation Strategies. Develop a preliminary risk mitigation strategy for each of the risk factors identified in the prior question. If you were to prioritize your efforts, which risk factors would you address first? Why?

Quantitative Risk Assessment. Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?

Cost of Labor. Calculate the fully loaded cost of labor for your project team.

Planned and Cumulative Costs. Calculate the planned and cumulative costs for the time-phased budget.

Complexity Cost Weighting. As a Project Manager are asked to compute the expected costs of a software project at your organization. Calculate the total estimated number of function points and total expected cost for the project.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93114281

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