Short Review
| Style | APA |
| Number of words | 842 |
| Number of sources | 0 |
| Spacing | Double |
| PowerPoint slides | 0 |
Part 1
Reflect on Chapter 11: Project Risk Knowledge Management and Chapter 12: Cultural Shaping of Risk and then type a two page paper regarding what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. Define and describe what you thought was worthy of your understanding in half a page, and then explain why you felt it was important, how you will use it, and/or how important it is in project planning.
Also, please answer the following:
Risk concerns both positive and negative aspects of a possible event. For example, when the covid 19 crisis took place this offered unexpected business advantages or new products for certain organizations – a positive risk came to volition for that organization. For example, when the covid 19 crisis took place this offered an unexpected negative risk, no one would come to your movie theatre, to come to volition for some organizations.
How should an organization prepare for either type of event?
How should a business avoid negative events occurring and enhance opportunities for positive events?
Explain the concept of a Pareto Chart – provide an example – explain how the concept of the Pareto Chart might be used in making decisions about handling negative risks which could impact a project or organization.
Note: Make sure to cite the references in the content as well as the reference section and follow APA format
Part 2
#1
Overview
Over the past few decades, one of the most common types of projects within a business is the development of a new piece of software to facilitate a certain facet of business operations. The assignment will entail a project concerned with the creation of a new version of business expense software for the entry of, tracking of, payment of business expenses accrued by organizational members during normal business operations as other related issues such as reimbursing employees for expenses they personally paid for during their business-related travel.,
Assignment
1-Your first task is to create a risk matrix in EXCEL.
2-Identify the risks to be addressed with a rationale as to why you have chosen these risks from the matrix.
3-Explain which of the four remediation methodologies you will use for each risk and why.
#2
- Define Quality?
- What does Total Quality Management emphasize?
- State the Deming philosophy.
- What are the major steps for an organization to follow in implementing TQM?
Note: Attached is the template for part 2, it needs to be completed based upon the attached template guidelines and Make sure to cite the references in the content as well as the reference section and follow APA format
Requirements: As mentioned above
Hello please make sure to cite in the content as well not just references and follow all the instructions and formats mentioned above.
20210331022931problem_set_template
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