solved I’m working on a risk management case study and need
I’m working on a risk management case study and need support to help me learn.
Consider the parameters of the case study attached. Assume you have been named the risk manager for this project.In the provided Risk Management Plan Template, address the following:Describe the process you will use to identify risks. Who will you include? When will you conduct these activities? How will you document the results? Describe the types of risks you will define, such as operational, technical, regulatory, etc. Describe the source of project risks that you plan to use, such as weather, vendor, staffing, technology, etc. Identify 8–10 project risks for the Pepsi Refresh Project case study. Document project risks in the risk register in Columns A–Fconsider the most effective usage of both
qualitative and quantitative risk assessments methods as applied to the
provided Pepsi Refresh Project case study. Consider the parameters of the case study. Address the following items for
qualitative risk assessment in the provided Risk Management Plan
Template:Explain how risk measurement scales will be developed. Will you use
a standard organizational set of measurements or define your own? Explain how risks will be prioritized based on the defined qualitative measurement scales. Document risk measurement scales and their meanings in the project risk register in Columns H–J. For example,
What does a “2†mean for probability? Is that 20% or 20-40%? What does a “4†mean for impact? Is that “project fails to meet one objective†or “project exceeds budget or timeline by 20%� Address the following items for quantitative risk assessment in the provided Risk Management Plan Template:Explain how risk measurement scales will be developed. Will you use a standard organizational set of measurements or define your own? Explain how risks will be prioritized based on the defined qualitative measurement scales. Document risk measurement scales and their meaning in the project risk register in Column K.Remember that you do not conduct
quantitative risk analysis on every risk – only the ones with the
highest risk factor scores (P*I) that come out of qualitative risk
analysis. Be sure to include your risk register with your Assignment.