Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are two parts to the Case Study Project: two PETRA figures (created in Excel and inserted into a Word document) and an essay portion.

There are two parts to the Case Study Project: two PETRA figures (created in Excel and inserted into a Word document) and an essay portion. Follow the guidelines below to complete each part of your case study project.

1. Create two PETRA templates in Excel (Raydugin, 2013, pp. 145-147) and enter the causes, impacts, and addressing actions identified in Risk 1 and Risk 10 respectively into each PETRA. You will have to link the addressing actions with the causes and impacts

. 2. For each cause identified, you should ensure there are preventive actions stated in the PETRA Excel template. The preventive actions should include the ones you already have from Risk 1 and Risk 10 plus at least two additional actions formulated by you for each risk. No cause should be unaddressed.

3. For each impact identified, you should ensure there are recovery actions stated in the PETRA Excel template. The recovery actions should include the ones you already have from Risk 1 and Risk 10 plus at least two additional actions formulated by you for each risk. No impact should be unaddressed.

4. Write an essay that discusses your PETRA analysis results (include your two PETRA templates in the essay) and what additional recommendations you would make if you were on the case study decision gate review board. In other words, will the additional information provided by your PETRA analyses of the two risks affect the findings and recommendations of the review board (see the section "Decision Gate Review Board Findings and Recommendations" in Raydugin, pp. 350-352)? If so, explain why. If not, explain why.

5. Be sure to cite your source(s) in the essay.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Advanced Macroeconomic Theory

Authors: Ola Olsson ]

1st Edition

9780415685085

More Books

Students also viewed these Economics questions