This Tutorial contains 2 Papers Resource: Risk Management Plan Outline Select a scenario for your final project. Research and identify a suitable project for risk management discussion and analysis. Several examples are available in weekly readings. The following guidelines apply:

1. PM 584 Week 1 Individual Assignment Project
Baseline (2 Papers)
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This Tutorial contains 2 Papers
Resource: Risk Management Plan Outline
Select a scenario for your final project. Research and identify a suitable
project for risk management discussion and analysis. Several examples
are available in weekly readings. The following guidelines apply:
The project must contain detailed information related to overall project
requirements and related risks.
The project must contain adequate substance to support discussing risk
identification, risk documentation, and contingency planning.
The project must be ongoing and approved by your facilitator.

2. The project may be documented through research or a personal
experience.
If you are unable to locate a suitable project in research, two scenarios
are available in the virtual organization.
Write a paper of no more than 1,050 words that describes the project’s
background and general requirements, which must include prescheduled
milestones, cost constraints, and quality requirements. The paper must
relay the theoretical and practical application of the following:
The framework for risk identification in the project; for example: WBS,
brainstorming, and critical success factors
Fault tree and event tree techniques and how they could be used to
identify risks
Project risks in the selected scenario
Elements used in documenting project risks
Portion of assignment utilized in final project
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PM 584 Week 2 Learning Team Assignment
Qualitative Risk Assessment
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Resources: Risk Management Plan Outline, text readings
Make a presentation of 10-12 slides utilizing the scenario you selected
last week. Each team member researches two tools or methods for
qualitative risk analysis in the risk management industry.
· Description of tool or method
· One selected risk from your project
· How chosen risk could be qualitatively analyzed using tool or
method
· Assessment of efficiencies or deficiencies
· Evaluation of risk scope and severity using qualitative analysis
methods
· Narrative that asserts theoretical application of qualitative risk
analysis

4. · Summation of tools and methods with pros and cons of each,
preferably with a tabular format and a supporting narrative
· Top three qualitative tools or methodology assessment with
explanation
Complete individual and team elements to attain full points. A portion of
this assignment is utilized in your final project.
Format your paper consistent with APA guidelines.
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PM 584 Week 3 Individual Assignment
Quantitative Risk Assessment(2 Papers)
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5. Resources: Risk Management Plan Outline, assigned readings
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

6. · 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.
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PM 584 Week 4 Individual Assignment Risk
Management Planning(2 Papers)
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Resources: Risk Management Plan Outline, assigned reading
Prepare a paper of no more than 1,050 words, including the following
elements:

7. · Determine project risk management procedures and relay forms of
risk management.
· Determine responses to potential risks. Relay initial risk response
measures for risks in earlier weeks.
· Create a risk action plan. Relay the components of a risk action
plan and provide one example of a risk in your project. A portion of this
assignment is utilized in your final project.
Format your paper consistent with APA guidelines.
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PM 584 Week 5 Learning Team Assignment
Risk Monitoring and Reporting Practices
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Resources: Risk Management Plan Outline, assigned reading

8. Write a paper of no more than 1,750 words.
Research, individually, one risk monitoring and one risk reporting
practice from your project’s industry. Each synopsis must be no more
than 150 words, including the following:
· One risk monitoring and one risk reporting practice
· A description of the risk monitoring and reporting practices
· An explanation of their links to other procedures
· The positive and negative aspects of risk monitoring and reporting
· Lessons learned that could be applied to your project
Analyze, as a team, in approximately 1,400 words, the following
elements:
· Narrative that asserts theoretical application of risk monitoring
and reporting, including the analysis of project risk reporting
requirements

9. · A summation of risk monitoring and reporting methods with pros
and cons of each, preferably with tabular format and a supporting
narrative
· Top two risk monitoring and reporting formats with an
explanation of why these formats were chosen
Complete both elements to attain full points. A portion of this
assignment is utilized in your final project.
Format your paper consistent with APA guidelines.
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PM 584 Week 6 Individual Assignment Project
Risk Management Plan (2 Papers)
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This Tutorial contains 2 Papers

10. Resources: Risk Management Plan Outline, assigned reading
Write a paper of no more than 1,750 words following the outline of a
risk management plan. Refer to the Risk Management Plan Outline as an
example of what the outline must look like. The word count includes
tables.
Incorporate all individual and team assessments.
Include a synopsis determining measures to mitigate project risks and
these elements:
· A minimum of two real-world risk management plans related to
your project
· The viability of the plans
· A comparison of your proposed risk management plan with real-
world standards
Format your paper consistent with APA guidelines.
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