PM 584: Week 2- Individual Assignment Quantitative Risk Assessment
PM 584: Week 2- Individual Assignment Quantitative Risk Assessment
Resources: Risk Management Plan Outline, assigned readings
Write a paper of no more than 1,400 words, including tables and matrix, that includes the following:
Revision of project background that clarifies project scope, requirements, schedule, quality, and constraints
Updated risk identification framework
Qualified and quantified risk matrix with low, medium, and high qualitative assessments linked to quantifiable measures and risk factors, with performance of a risk assessment using a risk matrix, including:
Calculation of project risk factors
Risk quantified in terms of cost, schedule, and performance
Prioritized risk register, including the following:
Risk description
Initial low, medium, or high risk assessment
Risk priority in the overall risk management plan
Note. A portion of this assignment is utilized in the final project.
Format your paper consistent with APA guidelines