Quantitative Risk Assessment
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Resources: Risk Management Plan Outline, assigned readings
Write a paper of no more than 1,400 words, including tables and matrix, that includes the following:
- Revision of project background that clarifies project scope, requirements, schedule, quality, and constraints
- Updated risk identification framework
- Qualified and quantified risk matrix with low, medium, and high qualitative assessments linked to quantifiable measures and risk factors, with performance of a risk assessment using a risk matrix, including:
- Calculation of project risk factors
- Risk quantified in terms of cost, schedule, and performance
- Prioritized risk register, including the following:
- Risk description
- Initial low, medium, or high risk assessment
- Risk priority in the overall risk management
- Format your paper consistent with APA guidelines.
