Question: PROJECT RISK MANAGEMENT - ASSIGNMENT NO 1: PROJECT RISK MANAGEMENT PROCESS PART A - APPLICATION 1. RISK IDENTIFICATION A. [Risk Event Name] [Fully explain the

PROJECT RISK MANAGEMENT - ASSIGNMENT NO 1: PROJECT RISK MANAGEMENT PROCESS PART A - APPLICATION 1. RISK IDENTIFICATION A. [Risk Event Name] [Fully explain the risk event - full risk context] B. [Risk Event Cause 1 - heading?] [Details] [Risk Event Cause 2 - heading?] [Details] 2. QUANTITIATIVE RISK ANALYSIS A. Consequences Table . Objective / Criteria Insignificant Minor Moderate Major Catastrophic Cost Insignificant cost Increase <5% cost increase 5-10% cost increase 11-20% cost increase >20% cost increase Schedule Insignificant Schedule slippage <5% schedule slippage 5-10% project slippage 11-20% project slippage >20% project slippage [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] [Enter Text] Explanation as to why each Consequence Criteria has been selected (Part A - Question continued) I. [Explain why Cost Selected] II. [Explain why Schedule Selected] III. [Explain why "X" Selected] IV. [Explain why "Y" Selected] V. [Explain why "Z" Selected] Likelihood Table Probability Impact Matrix (PIM) B. Level of Consequence for each Consequence Objective [Enter Text - that is, why was Cost selected and repeat the same for the others

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