PM584 Wk 2 Team – Qualitative Risk Assessment

PM584 Wk 2 Team – Qualitative Risk Assessment

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PM584 Wk 2 Team – Qualitative Risk Assessment

Resource: Risk Management Plan Outline, and Qualitative Risk Assessment Grading Guide

Discuss the selected scenarios each team member used in their Week 1 Project Baseline assignment.

Select one scenario to be used in the course-length final project.

Research two tools or methods for qualitative risk analysis in the risk management industry.

Relay the following in a short synopsis:

  • 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

Analyze qualitative risk analysis with research.

Include the following:

  • Narrative that asserts theoretical application of qualitative risk analysis
  • 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

Compile all information into a 10- to 15-slide visual presentation with speaker notes.

Note. A portion of this assignment is utilized in your final project.

Submit your assignment.



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