Assignment Instructions/ Description
You are still the project manager for the computer upgrades. Briefly describe the four 4 risks you identified in Unit 2�s Individual Project. Using the risk assessment techniques, describe your assessment decisions. Your paper must include the following elements:
Describe the techniques you used to rank your 4 risks.
Explain 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.
Describe what a contingency plan is and how it can be used to mitigate project risks.