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BUS519

Preview: BUS519 : Project Risk Management

Course Guide

Prerequisites

Course Description

Instructional Materials

BUS517

Presents the application of risk management strategies to identify, analyze, and mitigate the full range of project risks in order to
ensure project success. Examines the six risk management processes outlined in the Project Management Body of Knowledge
(PMBOK® Guide): risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response
planning, and risk monitoring and control.

Required Resources

Online Resources Available Through the Strayer Library

For your convenience, the required online resources are provided by the Strayer Library at no cost. Links to the Online Library
Resources are available within Blackboard via the Course Info page. You may also search by title in the online Strayer Library.

David Hillson. 2012. Practical Project Risk Management: The ATOM methodology (2nd ed.). Management Concepts Press.
https://search-ebscohost-com.libdatab.strayer.edu/login.aspx?direct=true&db=nlebk&AN=1672297&site=ehost-live&scope=site

Project Management Institute. Practice Standard for Project Risk Management (

th ed.). Newtown Square. PA. 2009.
http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=579204&site=eds-
live&scope=site

Available Through the Strayer Bookstore

uCertify. PMI-RMP® Project Management Institute Risk Management Professional.

Case Pack BUS519: Project Risk Management. XanEdu.

Note: Students can access the Case Pack from within the XanEdu tab in Blackboard.

Supplemental Resources

Arbiana Govori. 2012. Measuring and Managing the Impact of Risk on Organizations: The Case of Kosovo. Journal of Advanced
Research in Management, vol. 3, no. 1, pp. 17–26. http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?
direct=true&db=bth&AN=84010776&site=eds-live&scope=site

Kam Jugdev. 2012. Learning from Lessons Learned: Project Management Research Program. American Journal of Economics
and Business Administration, vol. 4, no. 1, pp. 13–22.

NOTE: The links in this document do not function. Please refer to your course to view/download
linked content.

https://research.strayer.edu/

https://search-ebscohost-com.libdatab.strayer.edu/login.aspx?direct=true&db=nlebk&AN=1672297&site=ehost-live&scope=site

http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=579204&site=eds-live&scope=site

http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=84010776&site=eds-live&scope=site

Course Learning Outcomes

Weekly Course Schedule

Week 1 – To Do List

Discuss: Introduce yourself to your classmates and your professor.

Learn: Read Chapter 1 in Practical Project Risk Management.

Learn: Read Chapter 1 in Practice Standard for Project Risk Management.

Learn: Read the PowerPoint and notes files.

uCertify: Access uCertify to read Chapter 1.

Discuss: Participate in the discussion, You as a Risk Manager.

Week 2 – To Do List

Learn: Read Chapter 2 and Figure A-2 in Practical Project Risk Management.

Upasna Saluja. 2012. Information Risk Management: Qualitative or Quantitative? Cross Industry Lessons from Medical and
Financial Fields. Journal of Systemics, Cybernetics and Informatics, vol. 10, no. 3, pp. 54–59. http://libdatab.strayer.edu/login?
url=https://search.ebscohost.com/login.aspx?
direct=true&db=edsdoj&AN=edsdoj.27791eb0141d460d95aeeccfec800fba&site=eds-live&scope=site

Niam Yaragh. 2011. Critical Success Factors for Risk Management Systems. Journal of Risk Research, vol. 14, no.5, pp. 551–
581. http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=63204121&site=eds-
live&scope=site

Assess the critical success factors (CSFs), project benefits, organizational readiness, and risk culture
of a company to inform the development of project risk recommendations.

Create a risk management plan that includes justification to support your rationale.

Create a risk register that assesses the probability of impacts for threats and opportunities and is
informed by a risk workshop.

Assess the impact of events on the project’s progress in order to determine an appropriate risk
response plan.

http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=edsdoj&AN=edsdoj.27791eb0141d460d95aeeccfec800fba&site=eds-live&scope=site

http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=63204121&site=eds-live&scope=site

Week 2 – To Do List

Learn: Read Chapter 2 in Practice Standard for Project Risk Management.

Learn: Read the PowerPoint and notes files.

uCertify: Read Chapters 2 and 3 in uCertify .

Discuss: Participate in the discussion, Need for Risk Management.

Quiz: Complete uCertify Chapter 1 Quiz.

Prepare: Read the instructions for the assignment, Assess Organizational Readiness, due in Week 4.

Week 3 – To Do List

Learn: Read Chapters 3 and 4 and Figure A-1 in Practical Project Risk Management.

Learn: Read Chapters 3 and 4 and Appendix D.1 in Practice Standard for Project Risk Management.

Learn: Read the PowerPoint and notes files.

Discuss: Participate in the discussion, Project Initiation.

Quiz: Complete and submit uCertify Chapter 2 Quiz.

Quiz: Complete and submit uCertify Chapter 3 Quiz.

Prepare: Read the instructions for the assignment, Assess Organizational Readiness, due in week 4.

Week 4 – To Do List

Learn: Read Chapter 5 and Figure B-7 in Practical Project Risk Management.

Learn: Read Chapter 5 and Appendix D.2 in Practice Standard for Project Risk Management.

Week 4 – To Do List

Learn: Read the PowerPoint and notes files.

uCertify: Read Chapter 4 in uCertify .

Discuss: Participate in the discussion, Identify Risks.

Assignment: Submit the assignment, Assess Organizational Readiness.

Week 5 – To Do List

Learn: Read Chapter 6 and Figures B-9 and B-17 in Practical Project Risk Management.

Learn: Read the PowerPoint and notes files.

Discuss: Participate in the discussion, Perceptions of Risk.

Quiz: Complete uCertify Chapter 4 Quiz.

Prepare: Read the instructions for the assignment, Risk Management Plan, due in Week 6.

Week 6 – To Do List

Learn: Read Chapter 15 and Figures B-5 and B-6 in Practical Project Risk Management.

Learn: Read Chapters 6 and 7 and Appendices D.3 and D.4 in Practice Standard for Project Risk Management.

Learn: Read the PowerPoint and notes files.

uCertify: Read Chapter 5 in uCertify .

Discuss: Participate in the discussion, Advanced Risks Tools.

Assignment: Submit the assignment, Risk Management Plan.

Week 7 – To Do List

Learn: Read Chapters 7 and 8 in Practical Project Risk Management.

Learn: Read Chapter 8 and Appendix D.5 in Practice Standard for Project Risk Management.

Learn: Read the PowerPoint and notes files.

uCertify: Read Chapter 6 in uCertify .

Discuss: Participate in the discussion, Your Team.

Quiz: Complete uCertify Chapter 5 Quiz.

Prepare: Read the instructions for the assignment, Risk Workshop and Risk Register, due in week 8.

Week 8 – To Do List

Learn: Read Chapters 9–11 and Figures B-12 and B-16 in Practical Project Risk Management.

Learn: Read Chapter 9 and Appendix D.7 in Practice Standard for Project Risk Management.

Learn: Read the PowerPoint and notes files.

uCertify: Read Chapter 7 in uCertify .

Discuss: Participate in the discussion, Scope Creep is Good.

Quiz: Complete the uCertify Chapter 6 Quiz.

Assignment: Submit the assignment, Risk Workshop and Risk Register.

Week 9 – To Do List

Learn: Read Chapters 12 and 13 in Practical Project Risk Management.

Week 9 – To Do List
Learn: Read the PowerPoint and notes files.

Discuss: Participate in the discussion, Post-Project Review.

Quiz: Complete the uCertify Chapter 7 Quiz.

Prepare: Read the instructions for the assignment, Project Progress, due in week 10.

Week 10 – To Do List

Learn: Read Chapters 14 and 16 in Practical Project Risk Management

Learn: Read the PowerPoint and notes files.

Discuss: Participate in the discussion, ATOM for Large Projects.

Assignment: Submit the assignment, Project Progress.

Week 11 – To Do List

Discuss: Participate in the discussion, What’s Next?

Grading Scale

Participation Total Points % of Grade

Discussion Participation 275 27.5%

Assignment Total Points % of Grade

w02a1 – uCertify Chapter 1 Quiz 25 2.5%

w03a1 – uCertify Chapter 2 Quiz 25 2.5%

w03a2 – uCertify Chapter 3 Quiz 25 2.5%

w04a1 – Assess Organizational Readiness 95 9.5%

w05a1 – uCertify Chapter 4 Quiz 25 2.5%

w06a1 – Risk Management Plan 180 18%

w07a1 – uCertify Chapter 5 Quiz 25 2.5%

Participation Total Points % of Grade

w08a1 – uCertify Chapter 6 Quiz 25 2.5%

w08a2 – Risk Workshop and Risk Register 180 18%

w09a1 – uCertify Chapter 7 Quiz

25 2.5%

w10a1 – Project Progress 95 9.5%

Totals 1000 100%

Final Course Grade

Points Percentage Grade

900 – 1000 90% – 100% A

800 – 899 80% – 89% B

700 – 799 70% – 79% C

0 – 699 69% and below F

Unique Course Features

Grading Scale Notation

Please consult the University Catalog and your academic advisor to determine the final grade needed in this class to satisfy your
specific degree conferral requirements.

Assignments

Attendance Policy

This course uses the uCertify platform. uCertify does not directly record attendance, but attendance is recorded when you submit
your work to the assignment in Blackboard.

w02a1 – uCertify Chapter 1 Quiz

Summary

Click the linked activity title to submit the uCertify Chapter 1 Quiz.

Text

How to Submit Your Assignment

In order to successfully submit your assignment to the submission area, follow the directions:

Complete the assessment; your results will be displayed.
Select “Share your result” from the results page menu items.
Copy the URL and paste it into the assignment submission area in Blackboard.

Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment
for grading.

See the reference document, if you need additional help.

Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the
assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may
result in partial or incomplete credit for the assignment.

w03a1 – uCertify Chapter 2 Quiz

Summary

Click the linked activity title to submit the uCertify Chapter 2 Quiz.

Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:

Complete the assessment; your results will be displayed.
Select “Share your result” from the results page menu items.
Copy the URL and paste it into the assignment submission area in Blackboard.

Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment
for grading.

See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the
assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may
result in partial or incomplete credit for the assignment.

w03a2 – uCertify Chapter 3 Quiz

Summary

Click the linked activity title to submit the uCertify Chapter 3 Quiz.

https://atlas.strategiced.com/bbcswebdav/institution/CIS/348/1188/uCertify_Assignment_Submission_Document

Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment
for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the
assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may
result in partial or incomplete credit for the assignment.

w04a1 – Assess Organizational Readiness

Summary

Click the linked activity title to access this assignment.

Text

Write a 4–6 page paper in which you:

1. Analyze how the critical success factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis.
2. Determine the project benefits, organizational readiness, and risk culture of the company in the case study. Provide justification

for your response.
3. Develop at least three project risk recommendations based on your analysis.
4. Identify the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk

Checklist (Figure A-2, in Practical Project Risk Management).

5. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

The specific course learning outcome associated with this assignment is:

Assess the critical success factors (CSFs), project benefits, organizational readiness, and risk culture of a company to inform
the development of project risk recommendations.

Scoring Guide

Analyze how the critical succe ss factors (CSFs) apply to the
facts of the case study. Prov ide e xample s to support your
analysis. 20 %

Unacceptable

Did not submit or
incompletely analyzed how
the CSFs apply to the facts of
the case study. Did not submit
or incompletely provided

Needs Improvement

Partially analyzed how the
CSFs apply to the facts of the
case study. Partially provided

examples to support your
analysis.

Competent

Satisfactorily analyzed how
the CSFs apply to the facts of
the case study. Satisfactorily
provided examples to support
your analysis.

Exemplary

Thoroughly analyzed how the
CSFs apply to the facts of the
case study. Thoroughly
provided examples to support
your analysis.

https://atlas.strategiced.com/bbcswebdav/institution/CIS/348/1188/uCertify_Assignment_Submission_Document

examples to support your
analysis.

De te rmine the proje ct be ne fits, organizational re adine ss,
and risk culture of the company in the case study. Prov ide
justification for your re sponse . 20 %

Unacceptable

Did not submit or
incompletely determined the

project benefits,
organizational readiness, and
risk culture of the company in
the case study. Did not submit
or incompletely provided
justification for your response.

Needs Improvement

Partially determined the
project benefits,
organizational readiness, and
risk culture of the company in
the case study. Partially
provided justification for your
response.

Competent

Satisfactorily determined the
project benefits,
organizational readiness, and
risk culture of the company in
the case study. Satisfactorily
provided justification for your
response.

Exemplary

Thoroughly determined the
project benefits,
organizational readiness, and
risk culture of the company in
the case study. Thoroughly
provided justification for your
response.

De v e lop at le ast thre e proje ct risk re comme ndations base d
on your analysis. 20 %

Unacceptable

Did not submit or
incompletely developed at
least three project risk
recommendations based on
your analysis.

Needs Improvement

Partially developed at least
three project risk
recommendations based on
your analysis.

Competent

Satisfactorily developed at
least three project risk
recommendations based on
your analysis.

Exemplary

Thoroughly developed at least
three project risk
recommendations based on
your analysis.

Ide ntify the initial cate gorie s of risk (RBS Le v e l 1 and 2) that
you se e as be ing pre se nt in the case study using the
Example Risk Che cklist. 20 %

Unacceptable

Did not submit or
incompletely identified the
initial categories of risk (RBS
Level 1 and 2) that you see as
being present in the case
study using the Example Risk
Checklist.

Needs Improvement

Partially identified the initial
categories of risk (RBS Level
1 and 2) that you see as
being present in the case
study using the Example Risk
Checklist.

Competent

Satisfactorily identified the
initial categories of risk (RBS
Level 1 and 2) that you see as
being present in the case
study using the Example Risk
Checklist.

Exemplary

Thoroughly identified the
initial categories of risk (RBS
Level 1 and 2) that you see as
being present in the case
study using the Example Risk
Checklist.

Cite thre e re fe re nce s. 10 %

Unacceptable

References were not
provided or the references
were not of a quality nature.

Needs Improvement

Fewer than three quality
references were provided.

Competent

Three quality references were
provided.

Exemplary

More than three quality
references were provided.

Clarity, writing me chanics, and formatting re quire me nts. 10 %

Unacceptable

More than 6 errors present.

Needs Improvement

5–6 errors present.

Competent

3–4 errors present.

Exemplary

0–2 errors present.

w05a1 – uCertify Chapter 4 Quiz

Summary

Click the linked activity title to submit the uCertify Chapter 4 Quiz.

Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:

Complete the assessment; your results will be displayed.
Select “Share your result” from the results page menu items.
Copy the URL and paste it into the assignment submission area in Blackboard.
Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment
for grading.

w06a1 – Risk Management Plan

Summary
Click the linked activity title to access this assignment.
Text

Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab
in the left-hand menu of your course. The assignments depend on one another. In this assignment, you will create a risk
management plan. You have a budget of $100,000 and a timeline of six months for the plan. Please refer to the Risk Management
Plan Template (Figure A-1 in Practical Project Risk Management) to create the plan.

Write an 8–10 page paper in which you:

1. Prepare the scope and objectives of the Risk Management Process section of the Risk Management Plan, based on the facts
presented in the case study.

2. Determine the project size, based on the facts presented in the case study, and provide justification based on the Example
Project Sizing Tool (Figure 3-4 in Practical Project Risk Management).

3. Select the risk tools and techniques, and complete the Risk Tools and Techniques section of the Risk Management Plan for both
the qualitative and quantitative aspects of the project. Provide a rationale for the selections.

4. Develop the Risk Reviews and Reporting section of the Risk Management Plan, based on the project size previously
determined.

5. Define the Probability and Impacts section of the Risk Management Plan, and justify the values assigned.
6. Define the Risk Thresholds section of the Risk Management Plan, and justify the values assigned.
7. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing
Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Create a risk management plan that includes justification to support your rationale.

https://atlas.strategiced.com/bbcswebdav/institution/CIS/348/1188/uCertify_Assignment_Submission_Document

Scoring Guide

Pre pare the scope and obje ctiv e s of the Risk M anage me nt
Proce ss se ction of the Risk M anage me nt Plan, base d on the
facts pre se nte d in the case study. 10 %

Unacceptable

Did not submit or
incompletely prepared the
Scope and Objectives of the
Risk Management Process
section of the Risk
Management Plan based on
the facts presented in the
case study.

Needs Improvement

Partially prepared the scope
and objectives of the Risk
Management Process
section of the Risk
Management Plan, based on
the facts presented in the
case study.

Competent

Satisfactorily prepared the
scope and objectives of the
Risk Management Process
section of the Risk
Management Plan, based on
the facts presented in the
case study.

Exemplary

Thoroughly prepared the
scope and objectives of the
Risk Management Process
section of the Risk
Management Plan, based on
the facts presented in the
case study.

De te rmine the proje ct size , base d on the facts pre se nte d in
the case study, and prov ide justification base d on the
Example Proje ct Sizing Tool. 10 %

Unacceptable

Did not submit or
incompletely determined the
project size, based on the
facts presented in the case
study. Did not submit or
incompletely provided
justification based on the
Example Project Sizing Tool.

Needs Improvement

Partially determined the
project size, based on the
facts presented in the case
study. Partially provided
justification based on the
Example Project Sizing Tool.

Competent

Satisfactorily determined the
project size, based on the
facts presented in the case
study. Satisfactorily provided
justification based on the
Example Project Sizing Tool.

Exemplary

Thoroughly determined the
project size, based on the
facts presented in the case
study. Thoroughly provided
justification based on the
Example Project Sizing Tool.

Se le ct the risk tools and te chnique s, and comple te the Risk
Tools and Te chnique s se ction of the Risk M anage me nt Plan
for both the qualitativ e and quantitativ e aspe cts of the
proje ct. Prov ide a rationale for the se le ctions. 20 %

Unacceptable

Did not submit or
incompletely selected the risk
tools and techniques. Did not
submit or incompletely
completed the Risk Tools and
Techniques section of the
Risk Management Plan for
both the qualitative and
quantitative aspects of the
project. Did not submit or
incompletely provided a
rationale for the selections.

Needs Improvement

Partially selected the risk
tools and techniques, and
partially completed the Risk
Tools and Techniques section
of the Risk Management Plan
for both the qualitative and
quantitative aspects of the
project. Partially provided a
rationale for the selections.

Competent

Satisfactorily selected the risk
tools and techniques, and
satisfactorily completed the
Risk Tools and Techniques
section of the Risk
Management Plan for both
the qualitative and
quantitative aspects of the
project. Satisfactorily
provided a rationale for the
selections.

Exemplary

Thoroughly selected the risk
tools and techniques, and
thoroughly completed the
Risk Tools and Techniques
section of the Risk
Management Plan for both
the qualitative and
quantitative aspects of the
project. Thoroughly provided
a rationale for the selections.

De v e lop the Risk Re v ie ws and Re porting se ction of the Risk
M anage me nt Plan, base d on the proje ct size pre v iously
de te rmine d. 20 %

Unacceptable

Did not submit or
incompletely developed the

Needs Improvement

Partially developed the Risk
Reviews and Reporting

Competent

Satisfactorily developed the
Risk Reviews and Reporting

Exemplary

Thoroughly developed the
Risk Reviews and Reporting

Risk Reviews and Reporting
section of the Risk
Management Plan based on
the project size previously
determined.

section of the Risk
Management Plan, based on
the project size previously
determined.

section of the Risk
Management Plan, based on
the project size previously
determined.
section of the Risk
Management Plan, based on
the project size previously
determined.

De fine the Probability and Impacts se ction of the Risk
M anage me nt Plan, and justify the v alue s assigne d. 10 %

Unacceptable

Did not submit or
incompletely defined the
Probability and Impacts
section of the Risk
Management Plan, and did
not submit or incompletely
justified the values assigned.

Needs Improvement

Partially defined the
Probability and Impacts
section of the Risk
Management Plan, and
partially justified the values
assigned.

Competent

Satisfactorily defined the
Probability and Impacts
section of the Risk
Management Plan, and
satisfactorily justified the
values assigned.

Exemplary

Thoroughly defined the
Probability and Impacts
section of the Risk
Management Plan, and
thoroughly justified the values
assigned.

De fine the Risk Thre sholds se ction of the Risk M anage me nt
Plan, and justify the v alue s assigne d. 10 %

Unacceptable

Did not submit or
incompletely defined the Risk
Thresholds section of the
Risk Management Plan. Did
not submit or incompletely
justified the values assigned.

Needs Improvement

Partially defined the Risk
Thresholds section of the
Risk Management Plan, and
partially justified the values
assigned.

Competent

Satisfactorily defined the Risk
Thresholds section of the
Risk Management Plan, and
satisfactorily justified the
values assigned.

Exemplary

Thoroughly defined the Risk
Thresholds section of the
Risk Management Plan, and
thoroughly justified the values
assigned.

Cite thre e re fe re nce s. 10 %
Unacceptable
References were not
provided or the references
were not of a quality nature.
Needs Improvement
Fewer than three quality
references were provided.
Competent
Three quality references were
provided.
Exemplary
More than three quality
references were provided.
Clarity, writing me chanics, and formatting re quire me nts. 10 %
Unacceptable
More than 6 errors present.
Needs Improvement
5–6 errors present.
Competent
3–4 errors present.
Exemplary
0–2 errors present.

w07a1 – uCertify Chapter 5 Quiz

Summary

Click the linked activity title to submit the uCertify Chapter 5 Quiz.

w08a1 – uCertify Chapter 6 Quiz

Summary

Click the linked activity title to submit the uCertify Chapter 6 Quiz.

Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed.
Select “Share your result” from the results page menu items.
Copy the URL and paste it into the assignment submission area in Blackboard.
Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment
for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the
assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may
result in partial or incomplete credit for the assignment.

w08a2 – Risk Workshop and Risk Register

Summary
Click the linked activity title to access this assignment.
Text

Write an 8–10 page paper in which you:

https://atlas.strategiced.com/bbcswebdav/institution/CIS/348/1188/uCertify_Assignment_Submission_Document

1. Identify the required pre-workshop activities.
2. Prepare a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two-Day Risk Workshop (Figure B-

8 in Practical Project Risk Management). Include suggested time intervals for each activity and justify why each agenda item
is relevant for this case.

3. Determine the top five threats in a risk register following the Sample Simplified Risk Register Format (Figure B-11 in Practical
Project Risk Management). Include information from the case for each threat.

Justify the assignment of probability and impacts for each threat identified.

4. Document the top three opportunities in a risk register following the Sample Simplified Risk Register Format (Figure B-11 in
Practical Project Risk Management). Include information from the case for each opportunity.

Justify the assignment of probability and impacts for each opportunity identified.

5. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing
Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:

Create a risk register that assesses the probability of impacts for threats and opportunities and is informed by a risk
workshop.

Scoring Guide

Ide ntify the re quire d pre -workshop activ itie s. 10 %

Unacceptable

Did not submit or
incompletely identified the
required pre-workshop
activities.

Needs Improvement

Partially identified the
required pre-workshop
activities.

Competent

Satisfactorily identified the
required pre-workshop
activities.

Exemplary

Thoroughly identified the
required pre-workshop
activities.

Pre pare a risk workshop age nda base d on the Sample
Age nda for a First Risk Asse ssme nt/Two-Day Risk Workshop.
Include sugge ste d time inte rv als for e ach activ ity and justify
why e ach age nda ite m is re le v ant for this case . 10 %

Unacceptable

Did not submit or
incompletely prepared a risk
workshop agenda based on
the Sample Agenda for a
First Risk Assessment/Two-
Day Risk Workshop. Did not
submit or incompletely
included suggested time
intervals for each activity. Did
not submit or incompletely
justified why each agenda
item is relevant for this case.

Needs Improvement

Partially prepared a risk
workshop agenda based on
the Sample Agenda for a
First Risk Assessment/Two-
Day Risk Workshop. Partially
included suggested time
intervals for each activity, and
partially justified why each
agenda item is relevant for
this case.

Competent

Satisfactorily prepared a risk
workshop agenda based on
the Sample Agenda for a
First Risk Assessment/Two-
Day Risk Workshop.
Satisfactorily included
suggested time intervals for
each activity, and
satisfactorily justified why
each agenda item is relevant
for this case.

Exemplary

Thoroughly prepared a risk
workshop agenda based on
the Sample Agenda for a
First Risk Assessment/Two-
Day Risk Workshop.
Thoroughly included
suggested time intervals for
each activity, and thoroughly
justified why each agenda
item is relevant for this case.

De te rmine the top fiv e thre ats in a risk re giste r following the
Sample Simplifie d Risk Re giste r Format. Include information
from the case for e ach thre at. 20 %

Unacceptable
Did not submit or
incompletely determined the
Needs Improvement

Partially determined the top
five threats in a risk register

Competent

Satisfactorily determined the
top five threats in a risk

Exemplary

Thoroughly determined the
top five threats in a risk

top five threats in a risk
register following the Sample
Simplified Risk Register
Format. Did not submit or
incompletely included
information from the case for
each threat.

following the Sample
Simplified Risk Register
Format. Partially included
information from the case for
each threat.

register following the Sample
Simplified Risk Register
Format. Satisfactorily
included information from the
case for each threat.

register following the Sample
Simplified Risk Register
Format. Thoroughly included
information from the case for
each threat.

Justify the assignme nt of probability and impacts for e ach
thre at ide ntifie d. 10 %

Unacceptable

Did not submit or
incompletely justified the
assignment of probability and
impacts for each threat
identified.

Needs Improvement

Partially justified the
assignment of probability and
impacts for each threat
identified.

Competent

Satisfactorily justified the
assignment of probability and
impacts for each threat
identified.

Exemplary

Thoroughly justified the
assignment of probability and
impacts for each threat
identified.

Docume nt the top thre e opportunitie s in a risk re giste r
following the Sample Simplifie d Risk Re giste r Format. Include
information from the case for e ach opportunity. 20 %

Unacceptable

Did not submit or
incompletely documented the
top three opportunities in a
risk register following the
Sample Simplified Risk
Register Format. Did not
submit or incompletely
included information from the
case for each opportunity.

Needs Improvement

Partially documented the top
three opportunities in a risk
register following the Sample
Simplified Risk Register
Format. Partially included
information from the case for
each opportunity.

Competent

Satisfactorily documented the
top three opportunities in a
risk register following the
Sample Simplified Risk
Register Format.
Satisfactorily included
information from the case for
each opportunity.

Exemplary

Thoroughly documented the
top three opportunities in a
risk register following the
Sample Simplified Risk
Register Format. Thoroughly
included information from the
case for each opportunity.

Justify the assignme nt of probability and impacts for e ach
opportunity ide ntifie d. 10 %

Unacceptable

Did not submit or
incompletely justified the
assignment of probability and
impacts for each opportunity
identified.

Needs Improvement

Partially justified the
assignment of probability and
impacts for each opportunity
identified.

Competent

Satisfactorily justified the
assignment of probability and
impacts for each opportunity
identified.

Exemplary

Thoroughly justified the
assignment of probability and
impacts for each opportunity
identified.

Summary

Click the linked activity title to submit the uCertify Chapter 7 Quiz.

w10a1 – Project Progress

Summary
Click the linked activity title to access this assignment.
Text

Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab
in the left-hand menu of your course. The assignments depend on one another. During the project life cycle, project risk reviews and
reports are required, as previously identified in the risk management plan. Two months after the project started, the following events
have taken place:

The top two threats have occurred.
The top opportunity has been realized.
The project’s risk budget is already exhausted.
The risk management schedule has been shortened by two months.

Write a 4–6 page paper in which you:

1. Analyze the impact of the events on the project.
2. Determine if any mitigation activities are required, and explain why.
3. Determine if budget or schedule changes are necessary, and explain why.
4. Update the risk register and highlight the changes made. Provide the justification for the changes.
5. Use at least four quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

https://atlas.strategiced.com/bbcswebdav/institution/CIS/348/1188/uCertify_Assignment_Submission_Document

The specific course learning outcome associated with this assignment is:

Assess the impact of events on the project’s progress in order to determine an appropriate risk response plan.

Scoring Guide

Analyze the impact of the e v e nts on the proje ct. 20 %

Unacceptable

Did not submit or
incompletely analyzed the
impact of the events on the
project.

Needs Improvement

Partially analyzed the impact
of the events on the project.

Competent

Satisfactorily analyzed the
impact of the events on the
project.

Exemplary

Thoroughly analyzed the
impact of the events on the
project.

De te rmine if any mitigation activ itie s are re quire d, and
e xplain why. 20 %

Unacceptable

Did not submit or
incompletely determined if
any mitigation activities are
required. Did not submit or
incompletely explained why.

Needs Improvement

Partially determined if any
mitigation activities are
required, and partially
explained why.

Competent

Satisfactorily determined if
any mitigation activities are
required, and satisfactorily
explained why.

Exemplary

Thoroughly determined if any
mitigation activities are
required, and thoroughly
explained why.

De te rmine if budge t or sche dule change s are ne ce ssary, and
e xplain why. 20 %

Unacceptable

Did not submit or
incompletely determined if
budget or schedule changes
are necessary. Did not submit
or incompletely explained
why.

Needs Improvement

Partially determined if budget
or schedule changes are
necessary, and partially
explained why.

Competent

Satisfactorily determined if
budget or schedule changes
are necessary, and
satisfactorily explained why.

Exemplary

Thoroughly determined if
budget or schedule changes
are necessary, and thoroughly
explained why.

Update the risk re giste r and highlight the change s made .
Prov ide the justification for the change s. 20 %

Unacceptable

Did not submit or
incompletely updated the risk
register. Did not submit or
incompletely provided the
changes made along with the
justification for the changes.

Needs Improvement

Partially updated the risk
register, and partially
provided the changes made
along with the justification for
the changes.

Competent

Satisfactorily updated the risk
register, and satisfactorily
provided the changes made
along with the justification for
the changes.

Exemplary

Thoroughly updated the risk
register, and thoroughly
provided the changes made
along with the justification for
the changes.

Cite four re fe re nce s. 10 %

Unacceptable
References were not
provided or the references
were not of a quality nature.
Needs Improvement

Fewer than four quality
references were provided.

Competent

Four quality references were
provided.

Exemplary

More than four quality
references were provided.

Clarity, writing me chanics, and formatting re quire me nts. 10 %
Unacceptable
More than 6 errors present.
Needs Improvement
5–6 errors present.
Competent
3–4 errors present.
Exemplary
0–2 errors present.

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