PMN607 - Describe Quantitative Risk Evaluation - Management Assignment Help

Assignment Task

Unit Learning Outcomes Addressed
1. Identify, analyse, evaluate, treat, and manage the risk across projects, programs, portfolios in an organisation context.
2. Describe quantitative risk evaluation and its advantages and disadvantages.
3. Critically apply contemporary enterprise wide frameworks.
4. Demonstrate the ethical, social and environmental implications in the project environment.
5. Demonstrate the written and oral communication skills to industry and academic standards both in team and project environment to fulfil the specialist team roles taking into account cultural considerations.

Overview
For this assessment you will produce three deliverables, with associated discussion:
1. A detail risk management plan
2. A Business Continuity Management (BCM) report
3. A presentation on your BCM report.
This work will be based on the same scenario provided for Assessment 1, but with a focus on planning, development and operation of Stage 1 of the Renewable Energy Power Station.
Your project level risk assessment will be based on one of the following component projects that you choose:
• Solar Farm
• Wind Farm
• Electric Thermal Energy Storage (ETES)
• Environmental approvals and management
Your program level risk assessment will be based on the combination of all component projects required to deliver Stage 1.
Your business/ corporate level risk assessment will consider how Stage 1, as well as future stages, may impact the business. Operational risk can also be considered at this level.

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