Assessing Project Risk 3–5 page summary

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You are still the project manager for the computer upgrades. Briefly describe the four 4 risks you identified in Unit 2’s Individual Project(attached below). Using the risk assessment techniques, describe your assessment decisions. Your paper must include the following elements:

  • Describe the risk assessment techniques you used to rank your 4 risks.
  • Rank each specific risk, describing why #1 was your critical, #2 your high, #3 your medium, and #4 your low.
    • Did you have several highs but no lows? Explain.
  • Out of your risks, which ones were qualitative risks opposed to quantitative risks?
    • Could a risk be both? Explain.
  • Could you use the expected monetary value (EMV) or Pareto Analysis? Explain.

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