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Your company has decided that it is time for some corporate rest, relaxation, and family fun. The chief operations officer (COO) wants to conduct a corporate picnic on an upcoming Saturday at a nearby park. All family members are invited to join, including four-legged, furry family members. There will be a baseball tournament, horseshoes, and a pool for swimming. The weather is expected to be in the high 90s. There will be beer, soda, hot dogs, and hamburgers.

With these thoughts in mind:

Question:

In narrative, briefly describe how to identify and manage risks for this project. Specifically indicate who would to include in the risk processes and when to conduct the risk activities.

Create a table and identify and document in a risk register at least five risks for this project.

Using qualitative analysis, assign probability and impact scores and risk factor scores (probability * impact) for each risk and add these scores to the risk register.

For each risk in the risk register, consider how to respond to that risk in order to reduce its influence on the picnic, and document that response in the risk register.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93119555

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