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unit 3 risk opp

Assignment Details

You are a project manager for a compliance-driven, complex project. You just completed risk identification and risk analysis of 15 key risks that could affect your project (Unit 2 IP). Your manager reviewed your report and asked you to create another report to address the other two phases of risk management life cycle, as follows:

  • Selecting appropriate risk response strategies
  • Risk monitoring and control

You will use previously identified and analyzed risks. You need to recommend approaches to reduce or eliminate the impact or probability of these risks for negative risks. You will also use the identified approaches to recommend approaches to increase chances of a risk event happening for positive risks.

You will need to provide the following for this report:

  • Detailed explanations of key concepts
  • Classifications
  • Techniques used for this effort

The company hired a consultant who provided a template with explanations and key tools to be used for completion of this report. Use the template provided to complete a 5-page report (excluding the cover page). NOTE: Please delete all instructions and examples before submitting your work.

The following sections must be included in the report:

  • Roles and responsibilities
  • Risk tolerance
  • Risk considerations according to priority
  • Risk response strategies for negative risks
  • Risk response strategies for positive risks
  • Risk monitoring and control

Click here to access the template.

Submitting your assignment in APA format means, at a minimum, you will need the following:

  • Title page: Remember the running head. The title should be in all capitals.
  • Length: 5 pages minimum
  • Abstract: This is a summary of your paper, not an introduction. Begin writing in third person.
  • Body: This begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
  • Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.

Please submit your assignment.

 

Grading Rubric: Maximum 200 Points

Grading Criteria

Points

Deliverable requirements addressed; understanding of material and presenter’s message and intent are clear 

80 points

Followed assignment guidelines and criteria

40 pts

Yes/Complete

Mostly

Not at all

Overall quality

40 pts

Excellent

Satisfactory

Needs Improvement

Scholarly research that supports the writer’s position is properly acknowledged and cited, and direct quotations do not exceed 10% of the word count of the body of the assignment deliverable 

50 points

Title page, table of contents, tables, exhibits, appendices or reference page included

25 pts

Yes

Partially

Not at all

Content is original with less than 35% match

25 pts

Yes

36–50%

51% or over

Critical thinking: Position is well-justified; logical flow; examples  

20 points

Position is justified with examples

10 pts

Excellent

Satisfactory

Needs Improvement

Presentation flows logically

10 pts

Excellent

Satisfactory

Needs Improvement

Structure: Includes introduction and conclusion, proper paragraph formatting, and reads as a polished academic paper or professional presentation, as appropriate for the required assignment deliverable

15 points

Includes introduction and conclusion

5 pts

Excellent

Satisfactory

Needs Improvement

Paragraphs are formatted properly

5 pts

Excellent

Satisfactory

Needs Improvement

Reads as polished academic paper or presentation

5 pts

Excellent

Satisfactory

Needs Improvement

Mechanical: No spelling, grammatical, or punctuation errors 

20 points

Spelling and grammar are accurate

10 pts

Yes

Partially

Not at all

Punctuation is accurate

10 pts

Yes

Partially

Not at all

APA: Deliverable is cited properly according to the APA Publication Manual 

15 points

References are cited in accordance with APA formatting

10 pts

Yes

Partially

Not at all

Reference page is included

5 pts

Yes

Partially

Not at all

 

For assistance with your assignment, please use your text, Web resources, and all course materials.

 

Your assignment will be graded in accordance with the following criteria. View the grading rubric.

 

Assignment Reminders:

 

  • Please submit your assignment.
  • Make sure you submit this assignment by the listed due date. Late deductions will apply for this assignment. Please refer to the Late Submission of Assignment policy.
  • If you need assistance, please view the Troubleshooting tips.
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    5. If you are still having difficulties after trying steps 1-4, please contact your course instructor.
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Assignment Outline