PM584 Wk 3 Assignment – Quantitative Risk Assessment
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PM584 Wk 3 Assignment – Quantitative Risk Assessment
Resources: Risk Management Plan Outline, assigned readings, and Quantitative Risk Assessment Grading Guide
Write a paper of no more than 1,400 words, including tables and matrix, that includes the following:
· Revision of project background that clarifies project scope, requirements, schedule, quality, and constraints
· Updated risk identification framework
· Qualified and quantified risk matrix with low, medium, and high qualitative assessments linked to quantifiable measures and risk factors, with performance of a risk assessment using a risk matrix, including:
· Calculation of project risk factors
· Risk quantified in terms of cost, schedule, and performance
· Prioritized risk register, including the following:
· Risk description
· Initial low, medium, or high risk assessment
· Risk priority in the overall risk management plan
Note. A portion of this assignment is utilized in the final project.
Format your paper consistent with APA guidelines.
Submit your assignment.
Resources
· Center for Writing Excellence
· Reference and Citation Generator