Discussion: Risk Assessment Matrix

Discussion: Risk Assessment Matrix

Discussion: Risk Assessment Matrix

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Instructions

Risk Matrix

As a project manager for this company, you are to analyze the risks associated with the project. Risks should be identified and defined as cost, probability, impact, and mitigation plans for each risk. Below, you are to provide a risk assessment for the project based on the criteria and template provided.

Identify and name at least three risks and name them (risk name).
Determine the expected costs for each named risk.
Provide expected costs for each of the name risks using clear 2 examples.
Include factored risk value (should automatically calculate using the Risk Assessment Matrix template 1).Determined risk using clear examples.
Determine the risk impact to project (using the drop-down menu in the Risk Assessment Matrix template 2).
Provide the Risk Mitigation Plan.Determined the impact of risk on the project for each named risk using 2 examples.
Determined risk end date for each named risk using clear examples.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.

 

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