A Quizzes - 22F_MGT4202_300 Pro X Dashboard X i Jatin Verma | Microsoft Teams X Mail - Ramandeep Kaur - Outloo x + X C & https://brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=468735&isprv=&drc=0&qi=541048&cfql=08dnb=0&fromQB... > Al Q to . . . Assessment 10 (Ind SA) X Time Limit: 1:00:00 Time Left:0:59:42 Ramandeep Kaur: Attempt 1 Page 1: You have managed to secure a position as an assistant PM at, TenClix, in Ottawa. The CEO of that company asks you to suggest what tools can be used to meet each of the following challenges when managing risks: 1. Categorize the stakeholders for each of the company's projects 2. Hold risk identification workshops where participants can remain anonymous 3. Provide a dashboard of the threats and opportunities in one pictorial format 4. Identify the approximate time when risks will trigger AND who will need to be notified when they do trigger + 5. Breakdown risks into atomic components so that they can be better managed 6. Compute expected monetary values by simulating a series of many probabilities vs. impact costs for a the thousands of possible risks faced by all of the company projects. For each of the above explain what tool(s) you would suggest and how you would use them. In brief sentences, not random words, please Blank # 1 Blank # 2 Blank # 3 A/ Blank # 4 A/ Blank # 5 Blank # Question 2 (Mandatory) (3 points) Chris has to decide between 2 SME's who want to assist in his project. Vendor 1 has a 30% chance of failure and this will have an adverse impact of $1000 to his project. But if Vendor 1 succeeds, there is a 70% chance of a $6000 gain. If he chooses Vendor 2, there is a 40% chance that they may fail resulting in a loss of $1200. If Vendor 2 does succeed, Chris estimates that there is a 67% of a profit of $7500. Explain each step you would take, using a decision tree and Expected Monetary Value, to find out the vendor with the least risk loss. Your answer must list these steps in a numbered list. E.g. : 1. Step 1: DO this 2. Step 2: next do this ED 3. Step 3: then do that 4. etc. 5. Last Step: Finally, he should select vendor __ with the EMV of _ You will only be awarded points if you show that you understand all the steps you amazon ENG 18888 W 6:05 PM Search P US 2022-12-08 2A Quizzes - 22F_MGT4202_300 Pro X Dashboard X Ti Jatin Verma | Microsoft Teams X Mail - Ramandeep Kaur - Outloo x + X C & https://brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=468735&isprv=&drc=0&qi=541048&cfql=0&dnb=0&fromQB... P Al Q to . . . Assessment 10 (Ind SA) X Time Limit: 1:00:00 Time Left:0:59:32 Ramandeep Kaur: Attempt 1 Page 1: Question 3 (Ivanaatory) (4 points) You are a project manager at some firm. You receive an email from a potential client with a high level description of what they need and asking you for a quote. The email also says that they will issue an RFP (request for proposal) in 20 days inviting members of the public. You read the high level description and decide not to give them a quote. Instead you issue a statement indicating that you're interested but would like a detailed SOW before you can formally respond to the upcoming RFP. List exactly 2 risks in the above situation and how you would treat them + E.g. template : . risk description (sentence) 0.5 pt . risk treatment type 0.1 pt . treatment description (sentence) 0.4 pt View hint for Question 3 Question 4 (Mandatory) (2 points) The image clip shows that risk reviews are iterative. In brief sentences state the importance of this iteration during the project execution. View hint for Question 4 Question 5 (2 points) Emmanuel wanted to reach Ottawa U and was running late. It was snowing and he knew that the LRT was risky at best. He ignored all the risks and jumped into the ED train. Josephine was on the same predicament. She accepted the risks and decided to grab BlueLine cab. Search amazon P W ENG 6:05 PM US 2022-12-08 2A Quizzes - 22F_MGT4202_300 Pro X Dashboard X Ti Jatin Verma | Microsoft Teams X Mail - Ramandeep Kaur - Outloo x + X C & https://brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=468735&isprv=&drc=0&qi=541048&cfql=0&dnb=0&fromQB... P Al Q to . . . Assessment 10 (Ind SA) X Time Limit: 1:00:00 Time Left: 0:59:28 Ramandeep Kaur: Attempt 1 Page 1: View hint for Question 3 Question 4 (Mandatory) (2 points) The image clip shows that risk reviews are iterative. In brief sentences state the importance of this iteration during the project execution. + View hint for Question 4 Question 5 (2 points) Emmanuel wanted to reach Ottawa U and was running late. It was snowing and he knew that the LRT was risky at best. He ignored all the risks and jumped into the train. Josephine was on the same predicament. She accepted the risks and decided to grab a BlueLine cab. State, in brief clear sentences) exactly 3 difference(s) between each of their responses. Blank # 1 Blank # 2 D View hint for Question 5 Submit Quiz 0 of 5 questions saved ED Search amazon W ENG 6:06 PM US 2022-12-08 2