SlideShare a Scribd company logo
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
ASSIGNMENT
DRIVE FALL 2016
PROGRAM MBA
SEMESTER IV
SUBJECT CODE & NAME PM 0016 –PROJECT RISK MANAGEMENT
BK ID B2012
CREDITS and MARKS 4 CREDITS AND 60 MARKS
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Question. 1. What is Project Risk? Explain different sources of
project risk with examples
Answer: ProjectRiskManagementincludesthe processesof conductingrisk management planning,
identification,analysis,responseplanning, andcontrollingriskonaproject.The objectivesof project
risk management are to increase the likelihood and impact of positive events, and decrease the
likelihood and impact of negative events in the project.
Question. 2. What is Risk Opportunity and Management System
(ROMS)? What are its benefits?
Answer: ROMS isbasedon 20 yearsof research and current best practice across a range of high risk
industry sectors including construction, mining, security, nuclear power, defence, social and
economic infrastructure, ports, health, emergency management, asset management etc
ROMS has been used as the basis for risk and
Question. 3. What is Project Activity Risk? Explain different
Categories of Risk with examples.
Answer: Riskisthe uncertainty whichis associated with a future event which may or may not occur
and a corresponding potential for loss.
In the contextof ProjectManagement,RiskIdentificationandRiskManagementare critical areas for
the success or failure of any software project. Most
Question. 4. What are the sources of resource risks?
Answer: Resource risksrepresentlessthan one-thirdof the recordsinthe PERIL database. There are
three categories of resource risk: people, outsourcing, and money. People risks arise within the
projectteam.Outsourcingrisks are due to the use of people and services outside the project team
to performcritical projectwork.The thirdcategory,money,is something of an anomaly in the data,
as very few of the problems reported were
Question. 5. What is Scope Risk? Explain different types of scope
risks.
Answer: While scope risksrepresentedroughlyone-third of the data in the Project Experience Risk
Information Library (PERIL) database, they account for close to half of the total impact. The two
broad categories of scope risk in PERIL relate to
Question. 6. Explain the three point estimates used in quantitative
risk analysis.
Answer: The three-point estimation technique is used in management and information systems
applications for the construction of an approximate probability distribution representing the
outcome of future events, based on very limited information. While the distribution used for the
approximation might be a normal distribution, this is not always so and, for example a triangular
distribution might be used, depending on the application.,
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
Pm 0016 –project risk management

More Related Content

What's hot

Lean project risk factor management
Lean project risk factor managementLean project risk factor management
Lean project risk factor management
Chul-Young Byun
 
An Intro to Core
An Intro to CoreAn Intro to Core
An Intro to Core
Resolver Inc.
 
11.3 Probability and Impact Matrix
11.3 Probability and Impact Matrix11.3 Probability and Impact Matrix
11.3 Probability and Impact Matrix
DavidMcLachlan1
 
Software Project Risk Management Practice in Oman
Software Project Risk Management Practice in OmanSoftware Project Risk Management Practice in Oman
Software Project Risk Management Practice in Oman
EECJOURNAL
 
Quantification of Risks in Project Management
Quantification of Risks in Project ManagementQuantification of Risks in Project Management
Quantification of Risks in Project Management
Venkatesh Ganapathy
 
Application Development Risk Assessment Model Based on Bayesian Network
Application Development Risk Assessment Model Based on Bayesian NetworkApplication Development Risk Assessment Model Based on Bayesian Network
Application Development Risk Assessment Model Based on Bayesian Network
TELKOMNIKA JOURNAL
 
Pmi 19 26
Pmi 19 26Pmi 19 26
Pmi 19 26
Nawzad Bilal
 
Risk Management
Risk ManagementRisk Management
Risk Management
saranshshah
 
Bring Better Data to the Office Opinion Party
Bring Better Data to the Office Opinion PartyBring Better Data to the Office Opinion Party
Bring Better Data to the Office Opinion Party
Resolver Inc.
 
2.11 risk management 1
2.11 risk management 12.11 risk management 1
2.11 risk management 1
reddvise
 
A study of various factors affecting risk management techniques in constructi...
A study of various factors affecting risk management techniques in constructi...A study of various factors affecting risk management techniques in constructi...
A study of various factors affecting risk management techniques in constructi...
eSAT Journals
 
Why Your Organization Should Leverage Data Science for Risk Intelligence and ...
Why Your Organization Should Leverage Data Science for Risk Intelligence and ...Why Your Organization Should Leverage Data Science for Risk Intelligence and ...
Why Your Organization Should Leverage Data Science for Risk Intelligence and ...
Resolver Inc.
 
RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...
RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...
RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...
IAEME Publication
 
Analysis, perception and aspects of risk management in the construction secto...
Analysis, perception and aspects of risk management in the construction secto...Analysis, perception and aspects of risk management in the construction secto...
Analysis, perception and aspects of risk management in the construction secto...
Alexander Decker
 
Construction project risk management
Construction project risk managementConstruction project risk management
Construction project risk management
IQPC
 
Risk Management in High Rise Construction Projects: A Review
Risk Management in High Rise Construction Projects: A ReviewRisk Management in High Rise Construction Projects: A Review
Risk Management in High Rise Construction Projects: A Review
A Makwana
 
‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...
‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...
‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...
Association for Project Management
 
Software IT risk-management
Software IT risk-managementSoftware IT risk-management
Software IT risk-management
gufranresearcher
 
Crash Course: Managing Cyber Risk Using Quantitative Analysis
Crash Course: Managing Cyber Risk Using Quantitative AnalysisCrash Course: Managing Cyber Risk Using Quantitative Analysis
Crash Course: Managing Cyber Risk Using Quantitative Analysis
"Apolonio \"Apps\"" Garcia
 

What's hot (19)

Lean project risk factor management
Lean project risk factor managementLean project risk factor management
Lean project risk factor management
 
An Intro to Core
An Intro to CoreAn Intro to Core
An Intro to Core
 
11.3 Probability and Impact Matrix
11.3 Probability and Impact Matrix11.3 Probability and Impact Matrix
11.3 Probability and Impact Matrix
 
Software Project Risk Management Practice in Oman
Software Project Risk Management Practice in OmanSoftware Project Risk Management Practice in Oman
Software Project Risk Management Practice in Oman
 
Quantification of Risks in Project Management
Quantification of Risks in Project ManagementQuantification of Risks in Project Management
Quantification of Risks in Project Management
 
Application Development Risk Assessment Model Based on Bayesian Network
Application Development Risk Assessment Model Based on Bayesian NetworkApplication Development Risk Assessment Model Based on Bayesian Network
Application Development Risk Assessment Model Based on Bayesian Network
 
Pmi 19 26
Pmi 19 26Pmi 19 26
Pmi 19 26
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Bring Better Data to the Office Opinion Party
Bring Better Data to the Office Opinion PartyBring Better Data to the Office Opinion Party
Bring Better Data to the Office Opinion Party
 
2.11 risk management 1
2.11 risk management 12.11 risk management 1
2.11 risk management 1
 
A study of various factors affecting risk management techniques in constructi...
A study of various factors affecting risk management techniques in constructi...A study of various factors affecting risk management techniques in constructi...
A study of various factors affecting risk management techniques in constructi...
 
Why Your Organization Should Leverage Data Science for Risk Intelligence and ...
Why Your Organization Should Leverage Data Science for Risk Intelligence and ...Why Your Organization Should Leverage Data Science for Risk Intelligence and ...
Why Your Organization Should Leverage Data Science for Risk Intelligence and ...
 
RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...
RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...
RISK LEVEL ASSESSMENT ON ROAD CONSTRUCTION’S CONTRACTORS USING CULTURAL – PRO...
 
Analysis, perception and aspects of risk management in the construction secto...
Analysis, perception and aspects of risk management in the construction secto...Analysis, perception and aspects of risk management in the construction secto...
Analysis, perception and aspects of risk management in the construction secto...
 
Construction project risk management
Construction project risk managementConstruction project risk management
Construction project risk management
 
Risk Management in High Rise Construction Projects: A Review
Risk Management in High Rise Construction Projects: A ReviewRisk Management in High Rise Construction Projects: A Review
Risk Management in High Rise Construction Projects: A Review
 
‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...
‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...
‘Monte Carlo’ – so not to go bust!!! - Thursday 14 June 2018 - North West bra...
 
Software IT risk-management
Software IT risk-managementSoftware IT risk-management
Software IT risk-management
 
Crash Course: Managing Cyber Risk Using Quantitative Analysis
Crash Course: Managing Cyber Risk Using Quantitative AnalysisCrash Course: Managing Cyber Risk Using Quantitative Analysis
Crash Course: Managing Cyber Risk Using Quantitative Analysis
 

Viewers also liked

YUMEC Finalized Constitution
YUMEC Finalized ConstitutionYUMEC Finalized Constitution
YUMEC Finalized Constitution
Ee'​ Mon Si
 
Lieux d'intérêt au Vietnam
Lieux d'intérêt au VietnamLieux d'intérêt au Vietnam
Lieux d'intérêt au Vietnam
SON TRAVEL ASIA
 
NASPA and ICLTSS 2016_annotated
NASPA and ICLTSS 2016_annotatedNASPA and ICLTSS 2016_annotated
NASPA and ICLTSS 2016_annotated
Jennifer Clark
 
Sociedad del conocimiento rodas
Sociedad del conocimiento rodasSociedad del conocimiento rodas
Sociedad del conocimiento rodas
WILSON RODAS HERNANDEZ
 
Case Study: Larsen Syndrome
Case Study: Larsen SyndromeCase Study: Larsen Syndrome
Case Study: Larsen Syndrome
Katelyn Empting
 
I disturbi alimentari in Umbria
I disturbi alimentari in UmbriaI disturbi alimentari in Umbria
I disturbi alimentari in Umbria
Gabriele D'Angelo
 
Aurkezpena
AurkezpenaAurkezpena
Aurkezpena
Mikel Gutierrez
 
Assignment klcc (1)
Assignment klcc (1)Assignment klcc (1)
Assignment klcc (1)
Aishah Ahmad
 
CV ameer
CV ameerCV ameer
CV ameer
Ameer Basha
 
Memorias Aranda webCast Una alternativa adicional e interesante que te permit...
Memorias Aranda webCast Una alternativa adicional e interesante que te permit...Memorias Aranda webCast Una alternativa adicional e interesante que te permit...
Memorias Aranda webCast Una alternativa adicional e interesante que te permit...
Aranda Software
 
Aquitetura dos Processadores Multicore
Aquitetura dos Processadores MulticoreAquitetura dos Processadores Multicore
Aquitetura dos Processadores Multicore
IsraelCunha
 
outdoor play equipments for web.pdf
outdoor play equipments for web.pdfoutdoor play equipments for web.pdf
outdoor play equipments for web.pdf
SANJAY SHARMA
 
Best invicta watches under 200
Best invicta watches under 200 Best invicta watches under 200
Best invicta watches under 200
lisabruce16
 

Viewers also liked (13)

YUMEC Finalized Constitution
YUMEC Finalized ConstitutionYUMEC Finalized Constitution
YUMEC Finalized Constitution
 
Lieux d'intérêt au Vietnam
Lieux d'intérêt au VietnamLieux d'intérêt au Vietnam
Lieux d'intérêt au Vietnam
 
NASPA and ICLTSS 2016_annotated
NASPA and ICLTSS 2016_annotatedNASPA and ICLTSS 2016_annotated
NASPA and ICLTSS 2016_annotated
 
Sociedad del conocimiento rodas
Sociedad del conocimiento rodasSociedad del conocimiento rodas
Sociedad del conocimiento rodas
 
Case Study: Larsen Syndrome
Case Study: Larsen SyndromeCase Study: Larsen Syndrome
Case Study: Larsen Syndrome
 
I disturbi alimentari in Umbria
I disturbi alimentari in UmbriaI disturbi alimentari in Umbria
I disturbi alimentari in Umbria
 
Aurkezpena
AurkezpenaAurkezpena
Aurkezpena
 
Assignment klcc (1)
Assignment klcc (1)Assignment klcc (1)
Assignment klcc (1)
 
CV ameer
CV ameerCV ameer
CV ameer
 
Memorias Aranda webCast Una alternativa adicional e interesante que te permit...
Memorias Aranda webCast Una alternativa adicional e interesante que te permit...Memorias Aranda webCast Una alternativa adicional e interesante que te permit...
Memorias Aranda webCast Una alternativa adicional e interesante que te permit...
 
Aquitetura dos Processadores Multicore
Aquitetura dos Processadores MulticoreAquitetura dos Processadores Multicore
Aquitetura dos Processadores Multicore
 
outdoor play equipments for web.pdf
outdoor play equipments for web.pdfoutdoor play equipments for web.pdf
outdoor play equipments for web.pdf
 
Best invicta watches under 200
Best invicta watches under 200 Best invicta watches under 200
Best invicta watches under 200
 

Similar to Pm 0016 –project risk management

Pm0016 project risk management
Pm0016 project risk managementPm0016 project risk management
Pm0016 project risk management
consult4solutions
 
Pm0016 project risk management
Pm0016 project risk managementPm0016 project risk management
Pm0016 project risk management
consult4solutions
 
Pm 0016 project risk management
Pm 0016  project risk managementPm 0016  project risk management
Pm 0016 project risk management
smumbahelp
 
Pm0016 –project risk management
Pm0016 –project risk managementPm0016 –project risk management
Pm0016 –project risk management
smumbahelp
 
Pm0016 project risk management
Pm0016  project risk managementPm0016  project risk management
Pm0016 project risk management
smumbahelp
 
Pm0016 project risk management
Pm0016  project risk managementPm0016  project risk management
Pm0016 project risk management
smumbahelp
 
Pm0016 project risk management
Pm0016 project risk managementPm0016 project risk management
Pm0016 project risk management
consult4solutions
 
Ijetcas14 370
Ijetcas14 370Ijetcas14 370
Ijetcas14 370
Iasir Journals
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
RajeevRanjan338430
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
HinaAsghar16
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
HemaLatha208756
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
HinaAsghar16
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
AyidAlmgati
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
AayushSharma261
 
project managment.ppt
project managment.pptproject managment.ppt
project managment.ppt
HinaAsghar16
 
presentation project risk management description
presentation project risk management descriptionpresentation project risk management description
presentation project risk management description
mambojumb
 
978285452340_11.pptx
978285452340_11.pptx978285452340_11.pptx
978285452340_11.pptx
sahilgupta499
 
insert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Nainsert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Na
TatianaMajor22
 
insert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Nainsert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Na
LaticiaGrissomzz
 

Similar to Pm 0016 –project risk management (20)

Pm0016 project risk management
Pm0016 project risk managementPm0016 project risk management
Pm0016 project risk management
 
Pm0016 project risk management
Pm0016 project risk managementPm0016 project risk management
Pm0016 project risk management
 
Pm 0016 project risk management
Pm 0016  project risk managementPm 0016  project risk management
Pm 0016 project risk management
 
Pm0016 –project risk management
Pm0016 –project risk managementPm0016 –project risk management
Pm0016 –project risk management
 
Pm0016 project risk management
Pm0016  project risk managementPm0016  project risk management
Pm0016 project risk management
 
Pm0016 project risk management
Pm0016  project risk managementPm0016  project risk management
Pm0016 project risk management
 
Pm0016 project risk management
Pm0016 project risk managementPm0016 project risk management
Pm0016 project risk management
 
Ijetcas14 370
Ijetcas14 370Ijetcas14 370
Ijetcas14 370
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
9. Risk.ppt
9. Risk.ppt9. Risk.ppt
9. Risk.ppt
 
project managment.ppt
project managment.pptproject managment.ppt
project managment.ppt
 
presentation project risk management description
presentation project risk management descriptionpresentation project risk management description
presentation project risk management description
 
978285452340_11.pptx
978285452340_11.pptx978285452340_11.pptx
978285452340_11.pptx
 
insert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Nainsert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Na
 
insert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Nainsert narrationTitleCMIT 421 Section #Student Na
insert narrationTitleCMIT 421 Section #Student Na
 

Recently uploaded

clinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdfclinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdf
Priyankaranawat4
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
chanes7
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Excellence Foundation for South Sudan
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
Celine George
 
Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
adhitya5119
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
heathfieldcps1
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
WaniBasim
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
Nicholas Montgomery
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
Nguyen Thanh Tu Collection
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
ak6969907
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
National Information Standards Organization (NISO)
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 

Recently uploaded (20)

clinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdfclinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdf
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
 
Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
 
The basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptxThe basics of sentences session 5pptx.pptx
The basics of sentences session 5pptx.pptx
 
Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
Pollock and Snow "DEIA in the Scholarly Landscape, Session One: Setting Expec...
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 

Pm 0016 –project risk management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) ASSIGNMENT DRIVE FALL 2016 PROGRAM MBA SEMESTER IV SUBJECT CODE & NAME PM 0016 –PROJECT RISK MANAGEMENT BK ID B2012 CREDITS and MARKS 4 CREDITS AND 60 MARKS Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Question. 1. What is Project Risk? Explain different sources of project risk with examples Answer: ProjectRiskManagementincludesthe processesof conductingrisk management planning, identification,analysis,responseplanning, andcontrollingriskonaproject.The objectivesof project risk management are to increase the likelihood and impact of positive events, and decrease the likelihood and impact of negative events in the project. Question. 2. What is Risk Opportunity and Management System (ROMS)? What are its benefits? Answer: ROMS isbasedon 20 yearsof research and current best practice across a range of high risk industry sectors including construction, mining, security, nuclear power, defence, social and economic infrastructure, ports, health, emergency management, asset management etc ROMS has been used as the basis for risk and
  • 2. Question. 3. What is Project Activity Risk? Explain different Categories of Risk with examples. Answer: Riskisthe uncertainty whichis associated with a future event which may or may not occur and a corresponding potential for loss. In the contextof ProjectManagement,RiskIdentificationandRiskManagementare critical areas for the success or failure of any software project. Most Question. 4. What are the sources of resource risks? Answer: Resource risksrepresentlessthan one-thirdof the recordsinthe PERIL database. There are three categories of resource risk: people, outsourcing, and money. People risks arise within the projectteam.Outsourcingrisks are due to the use of people and services outside the project team to performcritical projectwork.The thirdcategory,money,is something of an anomaly in the data, as very few of the problems reported were Question. 5. What is Scope Risk? Explain different types of scope risks. Answer: While scope risksrepresentedroughlyone-third of the data in the Project Experience Risk Information Library (PERIL) database, they account for close to half of the total impact. The two broad categories of scope risk in PERIL relate to Question. 6. Explain the three point estimates used in quantitative risk analysis. Answer: The three-point estimation technique is used in management and information systems applications for the construction of an approximate probability distribution representing the outcome of future events, based on very limited information. While the distribution used for the approximation might be a normal distribution, this is not always so and, for example a triangular distribution might be used, depending on the application., Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency )