a. Assuming the following information from two complex projects in the health sector have been provided...

 

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a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30% -69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30% -69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options. a. Assuming the following information from two complex projects in the health sector have been provided to aid you select a project base on project risk factor. Table la. Risk Probability and Consequences of Project A Probability of Failure Project A Maturity Complexity Dependency Project B Maturity Table Ib. Risk Probability and Consequences of Project B Probability of Failure Complexity Dependency 0.3 0.5 0.7 i. ii. iii. Cost Schedule Reliability Performance 0.1 0.3 0.3 Avoid Exploit Transfer Cost Schedule Reliability Performance Consequences 0.2 0.1 0.3 0.4 Consequences (Decision rule of thumb:70%-100%-high, 30%-69%-medium, < 30%-low) 0.2 0.6 0.3 0.8 Required: Which of the projects will you select and why? b. Under what two (2) conditions each will you adopt the following project risk response options.

Answer rating: 100% (QA)

ANSWER Based on the tables you provided Project A has a higher risk probability and consequences compared to Project B Specifically Project A has a higher probability of failure 03 higher cost 02 and ... View the full answer