Complete Qualitative Risk Analysis You are serving as the project manager of the GHY Project for your company. This project will create a new computer network in a historical warehouse that's been converted to an office space. The project will require 160 network connections to be installed throughout the new office building, 120 new workstations to be installed and configured for local area network and Internet connectivity. In addition there will be twenty network-based printers and five file servers users will need to connect to. You've been working with your project team and the vendors to identify the risks in the project, and your team has identified several risks. Here are ten risks in your project to review: The vendor may be late with materials. The maximum distance of network cable from central patch panel may be excessive. The brick building structure may make it difficult to install wiring. There is no drop ceiling (plenum) for cables. The ability to meet deadlines is in doubt, considering the challenges of the project. The office building has historical restrictions on construction. Physical security of the equipment during the project may prove inadequate. The building owner must inspect the work, which could cause additional delays or rework. The network printers need to be centrally located, but with network cables out of sight. A secured server room will need to be constructed first, but the room will need approval for power, air conditioning, and the physical structure by the building owner. 1. All of these risks need to pass through qualitative analysis. You can, for this lab, search the Internet, interview a subject matter expert, or base your analysis on your experience. In the following table you'll determine the probability of the risk event, assess the impact of the risk event, and create a risk score on an ordinal scale of very low to very high. As an example, the first risk event has been completed for you: Identified Risk Probability Impact Risk Score Vendor lateness with materials Moderate Very high High Maximum distance of network cable from central patch panel Brick building structure may prove difficult to install wiring There is no drop ceiling (plenum) for cables Ability to meet deadline considering challenges of project Office building has historical restrictions on construction Physical security of the equipment during the project Building owner must inspect the work, which could cause additional delays or rework The network printers need to be centrally located, but with network cables out of sight A secured server room will need to be constructed first, but the room will need approval for power, air conditioning, and the physical structure by the building owner Vendor lateness with materials Moderate Very high High Maximum distance of network cable from central patch panel 2. . Based on your qualitative analysis, what risk events should move on to quantitative analysis? 3. In your analysis, which risk events are most threatening to the project? 4. What is the danger of using only qualitative analysis