Question: Using the cart how would i do this question? Plot the six risks on a probability/impact matrix. Also assign a numeric value for the probability

Using the cart how would i do this question?

Plot the six risks on a probability/impact matrix. Also assign a numeric value for the probability and impact of each risk on meeting the main project objective. Use a scale of 1 to 10 in assigning the values, with 1 representing the lowest values. For a simple risk factor calculation, multiply the probability score and the impact score. Add a column called Risk Score to your risk register to the right of the impact column. Enter the new data in the risk register. Write your rationale for how you determined the scores for one of the negative risks and one of the positive risks.Using the cart how would i do this question? Plot

Risk Register for Project Name Date Project Name: ID No. Rank Root Cause Triggers Potential Responses Risk Owner Status Probability Impact High High 1 Currently a Risk Risk Description Category 1 Risk not clear to Marketing analysis the risk 2 Team members no Not Training giving the status Enough information experience High High Currently a Risk 3 Not unified HR High High 3 Important members leaving Currently a Future Risk Currently a Future Risk 4 Quality High High reason Production needs to be completed fast New Users Production 5 5 Users not Cooperating 6 Time Medium Medium Currently a Risk Low Low No longer a Thing 6 There is no Marketing proper analysis

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 General Management Questions!