Project Implementation and Control

    Overview It is time to do the risk assessment for this part of the Saber Acquisition project. Risks are any events that may occur that will impact the project objectives positively or negatively. For the 3.0 Administration work stream, the objectives are on time, on budget, on scope, and on quality. The risk management plan for the project documents the risk threshold as 4 and defines the following Impact and Likelihood scales: Likelihood Scale Low (1) Medium (2) High (2) Probability < 30% 30% to 70% > 70% Impact Scale Objective Low (1) Medium (2) High (3) Cost < 10% 10% to 20% > 20% Time < 1 week 1 to 4 weeks > 4 weeks Scope Minor areas of scope affected Major areas of scope affected Company effectively not integrated Quality Quality degradation barely noticeable Quality reduction noticeable and not acceptable Company effectively not integrated Assignment Requirements 1. Use the risk register template provided to: Identify 10 risks, including at least 1 opportunity, and remember to use the risk meta-language to ensure you identify the risk event Perform a qualitative analysis of the 10 risks using the likelihood and impacts scales used in the case study in the class notes, and repeated below Determine the appropriate response for each risk, including identifying residual and secondary risks 2. A well-structured, professional document with title page, page numbers and no spelling or grammatical errors.