BUS/519 BUS519 BUS 519 Week 6 Discussion Questions
- strayer university / BUS 519
- 23 Oct 2017
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BUS 519 Week 6 Discussion Questions
Week 6 Discussion 1
"Possible Risk Impacts" Please respond to the following:
Using Table 5.4 Possible Risk Impacts, (Chapter 5 of the Heldman text), select the top-three most critical risks regardless of the size or scope of a project. Justify your selection.
Suggest strategies for the project manager to address each type of the risks selected in Part 1 of this discussion. Support your suggestion.
Week 6 Discussion 2
"Quantitative Risk Analysis" Please respond to the following:
After reviewing the Monte Carlo Analysis method presented in Chapter 15 of the Hillson and Simon text, justify why a project manager would request the use of this methodology for a large, complex project. Include an example to support your response.
When an organization cannot justify the use of a method such as Monte Carlo, recommend an alternative tool that would allow the project manager to make informed decisions. Provide a rationale for your recommendation.
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