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ITT Project Risk Management Project

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26.Develop a risk management plan

27.Probability-Impact Matrix:

Create a probability impact matrix, as described in chapter 11. You should identify each theoretical project risk and define its probability of occurrence (low, moderate, high), its impact (low, moderate, high), and its risk score (scale of .00 to 1).

Risk Scores are calculated as the probability of occurrence (1- high, 0-low) and can be highlighted as:

Following is an example of a chart you can use to select your risk score based on the level of impact and probability.

Probability

.9

.05

.09

.18

.36

.72

.7

.04

.07

.14

.28

.56

.5

.03

.05

.1

.2

.40

.3

.02

.03

.06

.12

.24

.1

.01

.01

.02

.04

.08

.05

.1

.2

.4

.8

Impact

Procurement Management

32. Create a table of contents for this assignment

33.Develop a Procurement Management plan

34.Choose something to purchase for your project. Assume that this purchase is needed for your business. You will create an analysis of this purchase with the following components. This analysis is typically composed before searching for a provider or a specific product to meet the following qualifications.

Project/ Company Description

Include a brief description of your project and organization (this can be 2-3 sentences from previous reports)

Identify the Need for the purchase (and needs purchase will meet)

Specify Hardware and Software Requirements for the purchase

List requirements in a chart or list

Project Stakeholder Management:

35. Create a table of contents for this assignment

36.Develop a Stakeholder Management plan

37.Stakeholder Register: Chart with name, organizational position, location, role, contact information, major requirements, expectations, influence, areas of interest, internal/ external, supporter?