project risk managment

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PART A: 600  WORDS MINIMUM( MUST INCLUDE A INTRODUCTION(100WORDS) AND CONCLUSION((100 WORDS) PARAGRAPHS  TO WHAT YOU HAVE WRITTEN ABOUT THIS TOPIC.

REFERENCES AND APA FORMAT( DOES NOT HAVE TO BE DOUBLE SPACED)

 

PART A: PROJECT RISK MANAGEMENT

     

The following Discussion Board research will assist you in determining the correct responses. Research at least 2 sources (which may include your textbook) to support your response.

• The vendor that you hired is not performing. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.
• The equipment that you ordered for this project is now a month late. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.
• The location where the project is being developed has hurricanes that come through the area a few times a year. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.
• The task effort that was initially estimated is actually going to take three times as long because there is a learning curve involved. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept), and write a full description of the contingency plan to go along with the selected response.