Ask Question, Ask an Expert


Ask Project Management Expert

Common assumption following the completion of the project would be that sun would rise next day. Assume for a moment sun didn't rise. Severity of this risk would threaten not only completion of this project but most other projects. In other words, the risk posed by the sun not rising is extremely high; however, the likelihood of that happening is relatively small.

Or we can say, consider different sort of risk. Consider that one of the billing system database servers has been destroyed. Probability of this happening is considerably higher than probability of sun not rising. Unless database was not recently backed up, severity of this risk is relatively low. Or we can says, neither of these risks rises to a level which would threaten completion of project.

prepare down the differences between qualitative and quantitative risk analysis? When is each kind of analysis suiatble? What kind of analysis will you use for customer service system project?

Address the following in 750-900 words:
prepare down the differences between qualitative and quantitative risk analysis? Describe.
When is each kind of analysis appropriate? Describe.
What kind of analysis will you utilize for IRTC customer service system project? Describe why?

Illustrate the process for performing risk management and steps and techniques for each element.
Manage project scope throughout project life cycle.
Compose project plan and sub-plans which establish how different organizational elements will work and interface to include problem resolution processes

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M931952

Have any Question? 

Related Questions in Project Management

Questionsome of the key issues in supply chain management

Question: Some of the key issues in supply chain management are obstacles to process integration along the supply chain. Using Table 13.2 in Chapter 13, identify one obstacle that you have encountered in your experience, ...

Assessment 1 - project workpart aoverviewyou are required

ASSESSMENT 1 - PROJECT WORK Part A Overview You are required to develop a project management plans, for given scenarios. These project plans requires you to: - Implement start-up activities through updating and confirmin ...

Fundamentals of project managementdefining the projectusing

Fundamentals of Project Management Defining the Project Using the South University Online Library or the Internet, research, select, and scope out any project of your choice. The project you select must meet the followin ...

As an hr manager discuss ways you can promote a wellness

AS an HR manager, discuss ways you can promote a wellness program for all employees and encourage them to join? What incentives can you use to encourage participation without making it mandatory to join? What are the ben ...

1 create a network diagram aon2 identify the paths through

1. Create a network diagram (AON) 2 Identify the paths through the network diagram 3 State the critical path and the project duration Attachment:- template.rar

Project management- international project and project

Project Management- : International Project and Project Oversight The Project Management Maturity Model (PM3) is a model that allows us to describe our organization's functioning level related to Project Management pract ...

Case studyread the following scenario and answer the

Case Study Read the following scenario and answer the corresponding questions upon your completion. You recently earned your Project Management Professional (PMP) certification, and you are excited to share the news with ...

Cost budget and performancewhen managing a project you will

Cost, Budget and Performance When managing a project, you will constantly need to evaluate cost, budget and performance. This is important in order to be aware of how much the project has already cost the organisation, a ...

Competing internationallywhen making purchasing decisions

Competing Internationally When making purchasing decisions, should a corporation reduce its ethical standards in order to allow the company to compete internationally? Take a position and defend your answer. REFERENCE Wi ...

Questionthe foreign corrupt practices act prohibits bribery

Question: The Foreign Corrupt Practices Act prohibits bribery in international business. Do you think that US companies are at a disadvantage as a result of the Foreign Corrupt Practices Act? Take a position and defend y ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate