Individual Risk Management Plan-week 2 (2)
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RISK MANAGEMENT
Project Risk Management Plan
Mohammed A Guira
Keller Graduate School of Management
PROJ 595
March 8, 2022
1
RISK MANAGEMENT
Contents
Introduction
.........................................................................................................
3
Risk Strategies
.....................................................................................................
3
Methodology
........................................................................................................
4
Risk Monitoring and Reporting
.................................................................................
5
Roles and Responsibilities
.......................................................................................
5
Stakeholder's Risk and Appetite
................................................................................
6
Conclusion
.......................................................................................................
7
References
..........................................................................................................
8
2
RISK MANAGEMENT
Introduction
Risk is an incident that is probable to happen and could have a favorable or unfavorable effect on
a project if it does occur. Possible reasons may result in specific impacts. Apple Inc. utilizes a thorough risk management approach that covers different areas of its business, such as product development, supply chain management, financial management, and market strategy. Apple's risk management techniques are not publicly disclosed in detail, but some of its strategies can be deduced from its public remarks, regulatory filings, and industry research. Risk management is an ongoing activity that occurs during the whole duration of a project. The process involves planning, identifying, analyzing, monitoring, and controlling risk management procedures. Several methods are regularly revised over the project's duration to ensure the identification of any new hazards. Risk management focuses on minimizing the probability and consequences of events that are unrelated to the project. Any occurrence with the potential for positive influence should be taken advantage of. The report will develop a personalized risk management plan for expanding the firm by entering new markets.
Risk Strategies
Apple employs a systematic method to identify hazards across its business operations. This entails assessing product development, production, supply chain interruptions, cybersecurity risks, regulatory adherence, market rivalry, and geopolitical influences. After identifying threats, Apple will likely assess their possible impact and probability. Risks are prioritized according to their significance to corporate objectives and their potential impact on financial results, brand image, and customer approval. Apple employs many tactics to mitigate recognized risks, such as 3
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Related Questions
Mo.
1. Google
2. Amazon
3. TESLA
4 UPS
From the above given, choose any 1 company of your choice and explain in detail covering the following information, length 4-5 pgs:
1. Cover Page
2. Title Page
3. Summary
4. Objectives of this project
5. Introduction about the company
6. Review Literature of the company
7. Marketing Mix:
al Product
Th Price ch Place da Promotion el Process
n. Plvsical Evidence #gi People
8. Research:
a) Rescarch Methodolony bi Research Design. el Rescurch Methods
9. Methods of Data:
10, STP: Segmenttion, Targeting and Positioning (STP):
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Q3. Radiant Industries Ltd. wants to operate in the national and international markets. It appoints
Mr. Gupta and Mr. Anand to guide on how best it can design its organization structure. It puts
forth the following propositions to Mr. Gupta and Mr. Anand.
a. Competition is getting intense both in national and international markets and we want to
maintain our competitiveness in the concerned markets.
b. We want to increase efficiency at tactical and operating levels.
c. We want to diversify into as many geographical locations as possible.
d. We want to maintain quality control on our products.
e. We want our workers to specialize in their respective areas of operations.
Questions-
1. What kind of organization structure do you think Mr. Gupta and Mr. Anand will design
for the company? State its relative merits and limitations.
2. Do you suggest any change in the organization structure if the company wants to operate
only at the national level where competition is not intense?
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4.1 Consider the planned construction of a new office building in a downtown area of a large city when office space is in surplus demand (i.e. more office space than users).Construct a risk analysis that examines the various forms of risk (technical, commercial, financial etc) related to the creation of this office building. (15)4.2 Explain how the analysis would change if office space were in high demand.
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com/courses/1788/quizzes/26493/take
OMO
围 Read
1st Sem MLA .
V Question 8
Question 1
1 pts
Time Running: Hide
incements
Attempt due: Dec 10 at 11:59pm
1 Minute, 48 Seconds
What is the minor term in this syllogism?
aments
All vehicles are instruments of transportation;
ssions
But jeep is a vehicle:
es
Therefore jeep is an instrument of transportation.
le
O none of the above
O vehicle
bus
O transportation
zzes
O jeep
dules
BlueButton
nferences)
llaborations
Question 2
1 pts
fice 365
pogle Drive
How many terms are present in this categorical syllogism?
9:21 AM
26°C
A D D A 4)
ere to search
12/10/2021
ASUS
arrow_forward
Student Portal | Main
BUS-660 Topic 1 DQ 1
/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
eBook
X
X
State of Nature
Decision Alternative Strong Demand S₁ Weak Demand S₂
Small complex, d₁
7
6
Medium complex, d₂
12
6
Large complex, d3
19
-9
CengageNOWv2 | Online teachin X MindTap-Cengage Learning
Problem 4-11 (Algorithmic)
Following is the payoff table for the Pittsburgh Development Corporation (PDC) Condominium Project. Amounts are in millions of dollars.
x +
A
million, the large complex remains the best decision.
30 G
Suppose PDC is optimistic about the potential for the luxury high-rise condominium complex and that this optimism leads to an initial subjective probability assessment of 0.8 that demand will be strong (S₁) and a corresponding probability of
0.2 that demand will be weak (S₂). Assume the decision alternative to build the large condominium complex was found to be optimal using the expected value approach. Also, a…
arrow_forward
Subject: Logistic Management
Q#6) What is Porters Power Model explain with example?
Q#7) What is risk management & mitigation explain with example?
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↓
←
M Gmail
UNILUS | E X
ChatGPT X
YouTube
GBS 660_A X
Maps GE News
C + File C:/Users/nemet/Desktop/UNILUS/2024/GBS%20660_Assignment%20Distance%20January%202024%20(1).pdf
Translate
GBS 660_Assignment Distance January 2024 (1).pdf
Production X
Lusaka Times-Zamb... R Browse Map | Rulac
Item cost per Unit
Setup cost
4 / 4
2
80
6-Hour D X
Inventory carrying cost per year
Weekly Net Requirement
1
105
3
130
QUESTION 2:
The determination of lot sizes in an MRP system is a complicated and difficult problem. Lot
sizes are the part quantities issued in the scheduled receipt and planned-order release
sections of an MRP schedule. For parts produced in-house, lot sizes are the production
quantities of batch sizes. For purchased parts, these are the quantities ordered from the
supplier. Consider the following data relevant to an MRP lot-sizing problem:
4
50
Membersh X b Answered: X G The detern X
100% + #
$25
$100
20.8%
5
Building a Better Re...
0
6
200
Get involved in hum...
7
125
8
100
Use the…
arrow_forward
Q1. Read the case below. Develop a theoretical frame work and show by a figure. State hypotheses involved in this model.
Incidence of smoking in movies has started to increase again, after having declined for several decades. According to the National Cancer Institute, smoking is seen in at least three out of four contemporary box-office hits. What’s more, identifiable cigarette brands appeared in about one-third of all movies in 2008. Exposure to smoking in movies is an important predictor of adolescent smoking initiation: smoking in movies has been shown to affect adolescents’ intentions to start smoking. In turn, the intentions to start smoking are determined by a more positive attitudetoward smoking after seeing a film character smoke. Recent research has revealed that the relationship between seeing a film character smoke and the attitude toward smoking is stronger when a person’s identification with a film character increases. These findings are consistent with social learning…
arrow_forward
2
QUESTION 2
Type in five forces and identify each as Strong, Weak or Neutral. Support your analysis with statements and/or observations.
Force
Strong/Weak/Neutral
Supporting Fact / Details
Threat of substitutes
Threat of new entrants
Threat of existing rivals
Bargaining power of suppliers
Bargaining power of customers
the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
B IUS
Paragraph
Arial
14px
启 Q
三=
三 三
次T Te
Ω
区 田田
田用图
六()C
田
田
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Q1.
Al Rawahi Company's budgeted sales and direct materials purchases are as follows:
Months
Budgeted Sales
Budget D M Purchases
April
250000
32000
May
270000
38500
320000
44400
June
Al Rawahi sales are 30% cash and 70% credit. Credit sales are collected as 25% in the month
of sale, 35% in the month following sale, and 38% in the second month following sale; 2%
are uncollectible.
Al Rawahi purchases are 40% cash and 60% on account. Purchases on account are paid 45%
in the month of purchase, and 55% in the month following purchase.
Instructions
A. Prepare a schedule of expected collections from customers for June.(4 marks)
B. Prepare a schedule of expected payments for direct materials for June. (3 marks)
Q2:
O Focus
ed Kingdom)
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The Role of Income Taxes For the most recent year, Triad Company had fixed costs of $240,000and variable costs of 75% of total sales revenue, earned $70,000 of net income after taxes, and anincome tax rate of 35%.Required Determine:1. Before-tax income.2. Total contribution margin.3. Total sales.4. Breakeven point in dollar sales
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Q.4 Write the relationship between the variables.
Q.5 A researcher want to start a research on COVID-19'. Write a research title in narrow and specific sense.
Q.6 How will you search the literature through specialist people for your researches?
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Q.2.2 Compare and contrast between the grassroots forecasting technique and the Delphi
method.
Q.2.2 Explain integrated service providers in logistics management.
Q.2.3 Explain how distribution requirements planning (DRP) is used.
Q.2.4 An organisation produces customised wooden furniture. In your opinion, can the
organisation utilise triple bottom line (3BL) to improve its production of wooden
furniture? Justify your answer by discussing at least 3 key points.
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Q4:
Draw an Inheritance hierarchy for students at a university similar to the hierarchy as shown in the Figure below. (Attached)
Use Student as the superclass of the hierarchy, then extend Student with classes UndergraduateStudent and GraduateStudent. Continue to extend the hierarchy as deep (i.e., as many levels) as possible. For example, Freshman, Sophomore, Junior and Senior might extend UndergraduateStudent. DoctoralStudent and MastersStudent might be subclasses of GraduateStudent. After drawing the hierarchy, discuss the relationships that exist between the classes.
[Note: You do not need to write any code for this question]
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Q3. Assume you are the manager of a financial institution. How would you structure your balance sheet using the maturity gap model if you expected interest rates to decrease?
Choose the correct option
1. It would depend on the volatility of the market interest rates.
2. It would depend on the FI’s leverage level.
3. It would depend on the financial institution’s current profitability.
4. It would create a negative maturity gap.
5. It would create a positive maturity gap.
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Plz do this..
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Please answer all 3 subparts.
2020 Question 1
(i) The size of the board depends on:
i. The size of the companyii. The industry or business sector in which it operates iii. Extent to which activities of companies are subject to regulationiv. The number of board committees
A. i onlyB. i and ii onlyC. i, ii and iii onlyD. All of the above
(ii) Which of the following statement is correct concerning two-tier boards?A. The management board consists entirely of non-executive directors.B. The supervisory board has the responsibility for risk management and for the preparation of the annual financial statement.C. The management board is led by the Chairman who is the CEO of the company.D. The supervisory board is responsible for managing the company.
(iii) Managerial hegemony is best explained in terms of A. The provision of incentives to managers to encourage them to act in unison with the shareholder's interests.B. CEO's dominance in the director selection process and therefore control the…
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Q1: There is the possibility of conflicts between stockholders and management in a large corporation. We called these conflicts agency problems and discussed how they might be controlled and reduced.
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Scenario: Sarah owns a coffee shop in Brantford, Ontario.
1. Describe one type of Consumer Sales Promotion you would recommend for the coffee shop.
2. Describe one type of Event Sponsorship you would recommend for the coffee shop.
3. Sarah wants to expand her business by providing catering services to local businesses. Describe one thing Sarah could do in the Prospecting step of personal selling.
4. Bob receives a personalized email from the coffee shop. The email suggests that Bob visit soon to get 10% savings on new types of cookies and cakes. Bob says this email is an example of advertising. Is Bob correct?
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Q1. Mr. John Francois, the owner of John Francois Stores has been operating a successful business since 1977. However, he is not fully aware of what strategic management and planning entails. As a trust worthy employee, Mr. Francois has asked you to host a weekend retreat with him, his family members, and selected members of staff so that you can advise them about what strategic management and planning entails as well as how important it is for the organization to engage in strategic management and planning.
What would you say to the members present at the retreat so that they can have a very good understanding of what strategic management and planning entails, and why they should engage in the process so as to maintain the competitive advantage of John Francois Stores?
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objectively report on the considered use of Balanced Scorecards on their projects for a well-established, fictitious, medium-sized Tier 1 supplier for Ford Motor Corporation who has recently established a Project Management Office and should include
A. Concerns/Issues from a business and project management perspective – what problems might occur if this supplier to Ford Motor Company implements Balanced Scorecards on all of their projects?
B. Your recommendation for the supplier – should they implement Balanced Scorecards? Why or why not?
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Please answer part a only. if possible part c too.
Q1. Dallas Mavericks’ owner Mark Cuban proved his business intelligence once again with the acquisition of star player Kristaps Porzingis. To benefit from this blockbuster trade even further, Cuban plans to sell one-time-only special edition Porzingis jerseys at a price of $380 each during the first month of the season (i.e., during October 2019 only). The production cost for each of these jerseys would be $100 thanks to their golden details, and any unsold jersey during October will be sold for $80 during November 2019. Knowing the fan base for years, Cuban estimates demand for these special edition jerseys to follow a normal distribution with a mean of 10,000 units and a standard deviation of 2,000.
part a: The design process, sourcing, production and shipping of these jerseys take about two months. Hence, Cuban has one opportunity to place a production order and receive these orders on time (before October) for sale. Determine the…
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Q3. Write thesis statements for the following three general subjects.
1 - Diminishing cultural values
2 - Social networking sites
3 - Brands
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Q5) what do you understand by rational decision making? How and what accepts will and should be
used while reaching a decision?
Part II) What is bounded reality decision? Why is bounded reality important and how can it be used to
achieve a good result in achieving a rationally bounded reality?
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Om.
3a. State the distinct categories in Port Operation Planning.
3b. Explain one (1) of the factors involved in your choice of answer from part 3a.
3c. Summarize your choice of answer to part (b), in 1 paragraph
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13:12
* l 76%i
Pradeep Pant 3 Oct
to me, mustafausmani12 v
Hi Shruti & Mestafa
1) Identify how big is the compliance market. Research
whats the global market size and the growth expected
2) Which areas in compliance are growing
3) Check companies which are providing compliance and
which industries they are catering to (Pick 7 to 8 companies
each)
Crypto
Digital
Exchanges Barking
Enterprise Gaming & High Risk
Barking Cambling Corporates haurance Investments Legal
Lending
Payment Technology Ports
Maritime
& Wallet
4) What services are they providing
Entity
Cargo
Environemnt,
Vessel
Social
Governance
KYC
Risk
Sscrening Screening
Screening
5) Your conclusion - how companies are identifying their
market 2) What drives differentiation - Technology, service,
product, etc
Hope this provides you a learning platform.
Regards
Pradeep
Pradeep Pant 7 Oct
to me v
FYI
II
...
...
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West Boca Raton Community Hic X
ighschools.foolproofonline.info/modules/renting/test/
Maya Paniagua - Cl.
Question 1
Landlords have certain responsibilities. Choose the most important landlord
responsibility from the answers below.
They can show the apartment to future tenants anytime that is convenient to
O A.
the landlord.
OB. Making repairs in a reasonable amount of time.
Oc. Keeping your deposit in a non-interest bearing account.
OD. Keeping the apartment painted.
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- com/courses/1788/quizzes/26493/take OMO 围 Read 1st Sem MLA . V Question 8 Question 1 1 pts Time Running: Hide incements Attempt due: Dec 10 at 11:59pm 1 Minute, 48 Seconds What is the minor term in this syllogism? aments All vehicles are instruments of transportation; ssions But jeep is a vehicle: es Therefore jeep is an instrument of transportation. le O none of the above O vehicle bus O transportation zzes O jeep dules BlueButton nferences) llaborations Question 2 1 pts fice 365 pogle Drive How many terms are present in this categorical syllogism? 9:21 AM 26°C A D D A 4) ere to search 12/10/2021 ASUSarrow_forwardStudent Portal | Main BUS-660 Topic 1 DQ 1 /ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook X X State of Nature Decision Alternative Strong Demand S₁ Weak Demand S₂ Small complex, d₁ 7 6 Medium complex, d₂ 12 6 Large complex, d3 19 -9 CengageNOWv2 | Online teachin X MindTap-Cengage Learning Problem 4-11 (Algorithmic) Following is the payoff table for the Pittsburgh Development Corporation (PDC) Condominium Project. Amounts are in millions of dollars. x + A million, the large complex remains the best decision. 30 G Suppose PDC is optimistic about the potential for the luxury high-rise condominium complex and that this optimism leads to an initial subjective probability assessment of 0.8 that demand will be strong (S₁) and a corresponding probability of 0.2 that demand will be weak (S₂). Assume the decision alternative to build the large condominium complex was found to be optimal using the expected value approach. Also, a…arrow_forwardSubject: Logistic Management Q#6) What is Porters Power Model explain with example? Q#7) What is risk management & mitigation explain with example?arrow_forward
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