Resources: Risk Management Plan Outline, text readings
Write a paper of no more than 1,400 words, utilizing the scenario you selected last week. Each team member researches two tools or methods for qualitative risk analysis in the risk management industry. Each teammate relays the following in a synopsis of no more than 150 words:
Description of tool or method
One selected risk from your project
How chosen risk could be qualitatively analyzed using tool or method
Assessment of efficiencies or deficiencies
Evaluation of risk scope and severity using qualitative analysis methods
Analyze,as a team, qualitative risk analysis with research. The analysis must be no more than 1,050 words, in addition to
individual content, including the following:
Narrative that asserts theoretical application of qualitative risk analysis
Summation of tools and methods with pros and cons of each, preferably with a tabular format and a supporting narrative
Top three qualitative tools or methodology assessment with explanation
Complete individual and team elements to attain full points. A portion of this assignment is utilized in your final project.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.