W8

docx

School

York University *

*We aren’t endorsed by this school

Course

706

Subject

Management

Date

Nov 24, 2024

Type

docx

Pages

Uploaded by iscopez_23

CITM750-D10 Week 8 Quiz Chapter 11: 9/10= 90% The two key terms at the end of chapter 11 that I consider the most important are:  Residual risks: This term refers to risks that remain after all of the response strategies have been implemented.  Known risks: This term refers to risks that the project team has identified and analyzed and that can be managed proactively. Risks in successful completion of the course:  Risk of falling behind: The likelihood is kind of high due to having other courses and the impact will be very high if I fall behind.  Risk of bad grades: The likelihood depends on how much I review, and study, and the impact will be very high.  Risk of missing due dates: The likelihood depends on my organizational and time management skills and the impact due to missed due dates will be very high. Risks in the completion of the group project:  Low performance: potential risk that the vaccine is not as successful as predicted. The likelihood of this risk is low because the vaccine went through multiple testing. The impact of this risk can be very detrimental to the company.  High costs: potential risk of costs for developing, testing, advertising, and deploying being very high. The likelihood of this risk is high because the costs of developing are historically high. The impact of the risk can be high due to the financial reasons associated with it.  There is also the risk that the public does not accept and get the vaccine. The likelihood of this risk is unpredictable and impact of it can be potentially very high.

Discover more documents: Sign up today!

Unlock a world of knowledge! Explore tailored content for a richer learning experience. Here's what you'll get:

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

W8

Related Documents