Question: Please also help to draw the Risk Assessment Matrix with explanation and also the risk response matrix with explanation. Question 2 You are planning a

 Please also help to draw the Risk Assessment Matrix with explanation

Please also help to draw the Risk Assessment Matrix with explanation and also the risk response matrix with explanation.

Question 2 You are planning a product launch. About 300 guests have been invited to the event which will take place on 15 October 2009. The event starts with a series of short presentations (total time 2 hours) followed by a networking lunch. The event is to be held at a local hotel ballroom. (a) (b) Identify five different risks for this project. For each risk, (i) state the name of the risk event, (ii) provide a brief description of this risk and (ii) state its likely causes. [10 marks] Analyse all the risks using the Risk Assessment Matrix. Provide a brief explanation of your analysis. [8 marks] Outline how you would deal with each of these risks using a Risk Response Matrix. Provide a brief explanation of your risk response decisions. [7 marks) [Total 25 marks] (c) Question 2 You are planning a product launch. About 300 guests have been invited to the event which will take place on 15 October 2009. The event starts with a series of short presentations (total time 2 hours) followed by a networking lunch. The event is to be held at a local hotel ballroom. (a) (b) Identify five different risks for this project. For each risk, (i) state the name of the risk event, (ii) provide a brief description of this risk and (ii) state its likely causes. [10 marks] Analyse all the risks using the Risk Assessment Matrix. Provide a brief explanation of your analysis. [8 marks] Outline how you would deal with each of these risks using a Risk Response Matrix. Provide a brief explanation of your risk response decisions. [7 marks) [Total 25 marks] (c)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!