Week 6 DQ 1 “Possible Risk Impacts” Please respond to the following: • Using Table 5.4 Possible Risk Impacts, (Chapter 5 of the Heldman text),

select the top-three most critical risks regardless of the size or scope of a project. Justify your selection. • Suggest strategies for the project manager to address each type of the risks selected in Part 1 of this discussion. Support your suggestion.

Week 6 DQ 2 “Quantitative Risk Analysis” Please respond to the following: • After reviewing the Monte Carlo Analysis method presented in Chapter 15 of the Hillson and Simon text, justify why a project manager would request the use of this methodology for a large,

complex project. Include an example to support your response. • When an organization cannot justify the use of a method such as Monte Carlo, recommend an alternative tool that would allow the project manager to make informed decisions. Provide a rationale for your recommendation.

Week 6 DQ 1 “Possible Risk Impacts” Please respond to the following: • Using Table 5.4 Possible Risk Impacts, (Chapter 5 of the Heldman text),

select the top-three most critical risks regardless of the size or scope of a project. Justify your selection. • Suggest strategies for the project manager to address each type of the risks selected in Part 1 of this discussion. Support your suggestion.

Week 6 DQ 2 “Quantitative Risk Analysis” Please respond to the following: • After reviewing the Monte Carlo Analysis method presented in Chapter 15 of the Hillson and Simon text, justify why a project manager would request the use of this methodology for a large,

complex project. Include an example to support your response. • When an organization cannot justify the use of a method such as Monte Carlo, recommend an alternative tool that would allow the project manager to make informed decisions. Provide a rationale for your recommendation.