To classify: The type of risks in the given situation. Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

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Answer 1

Question

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

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By selecting Cigna Accredo pharmacy that i identify in my resand compare the current feedback system against the “Characteristics of a Good Multiple Source Feedback Systems” described in section 8-3-3. What can be improved? As a consultant, what recommendations would you make?

Scenario You have been given a task to create a demand forecast for the second year of sales of a premium outdoor grill. Accurate forecasts are important for many reasons, including for the company to ensure they have the materials they need to create the products required in a certain period of time. Your objective is to minimize the forecast error, which will be measured using the Mean Absolute Percentage Error (MAPE) with a goal of being below 25%. You have historical monthly sales data for the past year and access to software that provides forecasts based on five different forecasting techniques (Naïve, 3-Month Moving Average, Exponential Smoothing for .2, Exponential Smooth for .5, and Seasonal) to help determine the best forecast for that particular month. Based on the given data, you will identify trends and patterns to create a more accurate forecast. Approach Consider the previous month's forecast to identify which technique is most effective. Use that to forecast the next…

Approach Consider the previous month's forecast to identify which technique is most effective. Use that to forecast the next month. Remember to select the forecasting technique that produces the forecast error nearest to zero. For example: a. Naïve Forecast is 230 and the Forecast Error is -15. b. 3-Month Moving Forecast is 290 and the Forecast Error is -75. c. Exponential Smoothing Forecast for .2 is 308 and the Forecast Error is -93. d. Exponential Smoothing Forecast for .5 is 279 and the Forecast Error is -64. e. Seasonal Forecast is 297 and the Forecast Error is -82. The forecast for the next month would be 230 as the Naïve Forecast had the Forecast Error closest to zero with a -15. This forecasting technique was the best performing technique for that month. You do not need to do any external analysis-the forecast error for each strategy is already calculated for you in the tables below. Naïve Month Period Actual Demand Naïve Forecast Error 3- Month Moving Forecast 3- Month Moving…

Answer 2

Question

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

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Answer 3

Question

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

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Answer 4

Question

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

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Answer 5

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 6

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 7

Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 8

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

Answer 9

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

Answer 10

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 11

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 12

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 13

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 14

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 15

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 16

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 17

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 18

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

Answer 19

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

Answer 20

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 21

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 22

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 23

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

Answer 24

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Answer 25

Expert Solution & Answer

Answer 26

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Answer 27

Ch. 3.1 - Prob. 1P Ch. 3.1 - Prob. 2P Ch. 3.1 - Prob. 3P Ch. 3.1 - Prob. 4P Ch. 3.1 - Prob. 5P Ch. 3.1 - Prob. 6P Ch. 3.2 - Prob. 7P Ch. 3.2 - Prob. 8P Ch. 3.2 - Prob. 9P Ch. 3.2 - Prob. 10P

Solution Summary: The author explains that the risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Unforeseen uncertainty is the

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