The assignment is an exercise that takes you through Qualitative Risk Analysis by applying structured approach to Project Management and the principles.

Develop and submit a Qualitative Risk Analysis for the 8 risks and 2 opportunities you identified in the Risk Register for the manufacture of a new product. (10 Marks) You have been tasked to obtain a stable source of Lithium for your company within 224 days. The budget for obtaining the required material has been set at $400,000 CAD. Using the Risk Register template provided on Nexus and complete the following: ?Risk Identification of 10 risks using Cause-Risk-Effect format (8 negative & 2 positive risk) ?Risk Probability ?Risk Impact ?Risk Score ?Risk Zone ?Instruction Sheet

Please find the attachment of risk and risk effect and make as per that.

Mail - Nishtha Dhamija x M Inbox (551) - nishthadk x M Inbox (15,099) - nishthe x C In 2000, Ellen Smith Ber X D21 Submission History - Ri X X Cause-Risk-Effect Table X + X C * Office Editing for Docs, Sheets & Slides | chrome-extension://bpmcpldpdmajfigpchkicefoigmkfalc/views/app.html X Cause-Risk-Effect Table Template to post (2).xIsx Download Share File Edit Insert Format Help Calibri 11 . BIUSA. fx Stable economic climate of target areas A B C D E F G H I J K L M N O 1 Cause - Risk - Effect Format in Identifying Risks 2 Cause Risk Effect Inadequate information on the may call for additional fund the effect include delays in deliveries, prices of Lithium in targeted source | drive or purchase of high loses and no profit 3 may affect the proposed budget for | inadequate materials the project. Unavailability of unloading may result into late this would affect the schedule of company. deliveries, spending more activities leading to mixed up of amount settling deliveries. activities. Insufficient Lithium materials that may result into poor planning | changes in timeline, milestones and 5 is less than 1000 tons and execution of project other practices of the project. Inability to pay employees their leads to strike, low low revenue and profits 6 dues in right time performances and production. Also affects the 7 High shipment prices Expensive supply chain costs low income is realized Political climate of Australia, Chille Inability to do business or this can stop sourcing of lithium 8 and Argentina acquire materials material in the target countries. Application of cost reduction High chances of positively High amount of savings, profits and strategies in businesses. growing a business revenues to a business 10 Stable economic climate of target favors business and pricing fast achievements, good 11 Sheet1