The attached files are not mine. I need to submit my own 15 responsesI had identified the 15 risks and mentioned in the word file. The table needs to be completed for individual guidelines.A risk response file name is a solution already done by another. If any type need help so ask. It is the 1st part sol. but incomplete another part is also leftDEADLINE-3 HRSBut can I get the Individual part of the group assignment done by tomorrow this time, please?And also, all the assignments should be done in APA style with a similarity index 25% or less. Thanks!Question 1:Individual Guidelines :Create risk responses (reduce the probability, reduce impact, and respond) for each of the 15 risks you identified and assessed in the prior unit.Use either Word or Excel to record this information.Group Project Guidelines :Go to the Small Group Discussion Board and evaluate each other’s responses and compile the results.Create a comprehensive risk-management plan. The risk-management plan should include:A description of the overall approachA risk matrix using a qualitative ranking approachAction plans for the high priority/high probability risksBe sure to address the following questionsAre all possible risks identified?Are there redundant or overlapping risks?Is the level of detail consistent?Are the causes of the risks clearly defined?Are the assessments consistent? Is a clear ranking strategy used?Are the response strategies appropriate?Are secondary risks consideredYour submitted Group Project must include the following:A 1–3 page typed document per group member covering the aspects listed in the individual guidelines.A 3–6 page typed document covering the questions and aspects listed in the group project guidelines.Question 2:One of the risks you anticipated for the project was the late delivery of the prototype from the vendor. You adjusted your project schedule to minimize the impact of the risk, built in a penalty for late delivery and created action plans in case the vendor delivered late. You also identified a risk with the vendor that they have very little technical depth; if the key engineer is not available to your project, the risk of a delay is even greater. You determined how you would monitor the vendor’s performance and ensure a timely delivery. You took a very risk-averse, protective approach to the relationship, but now, as the project is progressing, you are wondering if there is something you could do with the vendor to actually benefit the project instead of just protecting it.Assignment Guidelines:Create a 1-page addendum to your risk management plan that describes how you will modify the plans or create new plans relative to that vendor to create an opportunity that will result in lower costs, earlier delivery, higher quality, or other positive impacts.Also, answer the following questions:What can you change in your plans to create an opportunity?What would that opportunity be?What is the probability that this opportunity could occur? What is the impact?What are the risks (adverse effect) that are introduced by this change in plans?How will you communicate this change to the vendor?Your submitted assignment must include the following:A compiled risk management plan with your 1-page addendum in itA 2– 3-page document answering the questions aboveSubmit both files as 1 zipped document to the drop box
Instruction Files
GP5 AJ INDIVIDUAL RISK MATRIX.xlsx11.9 KBThomas Moore Unit 3 IP Spreadsheet.xlsx20.1 KBRisk Response.docx16.2 KB
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