Identify and describe the risk quantification methods      based on the PMBOK Guide – Sixth Edition Describe and assess qualitative risk assessment      measures taken in the project as described in the case study

 1) First part: The Recovery Plan Project Case

For this assignment, you will document the conceptual steps taken in the project described in the Portfolio Project Option 1, which you can access in the Module 8 folder. Note: This milestone builds upon those milestones completed previously.

Document the following in a paper:

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  • Identify and describe the risk quantification methods      based on the PMBOK Guide – Sixth Edition
  • Describe and assess qualitative risk assessment      measures taken in the project as described in the case study
  • Describe and apprise the steps taken in risk      assessment and quantification (as outlined in the case study)


  • Include one current (no older than five years)      scholarly source that is not a required or recommended reading for this      course. This should be a source you plan to use in your final paper.
  • Provide a minimum of a three page narrative by      dedicating about a page to each of the three bullet points listed above.
  • Format your paper according to APA format.

2) second part: The Final Project:  The Recovery Plan Project

Read the Recovery Plan project:

Van Wyk, Bowen, Akintoye. (2008). Project risk management practice: The case of a South African utility company (Links to an external site.). International Journal of Project Management, 26(2), 149-163.

  1. Examine      the project management issues detailed in the case, including those      concerning procurement, contracts, and risk management.
  2. In no      more than one page, give an overview of the case and the project      management issues to be covered in more detail.
  3. Discuss,      in logical order, the following topics: (Note: You must determine the      logical order of these topics; this is part of your grade. See the grading      rubric in this week’s folder.)
    • Risk       identification
    • Risk       assessment and prioritization
    • Risk       response for prevention
    • Mitigation       or contingent actions
    • The       fundamental conceptual steps used to respond to project risks
    • The       strengths and weaknesses of the project risk management practices
  4. In an      appendix, identify the risks and categorize each one. (This categorization      is left to you; however, you might include external risks, such as      regulatory and currency changes, or technical risks, such as complexity or      design.) You must discuss the appendix in the body of your paper. In other      words, do not simply say “see appendix,” but rather explain what      the appendix covers.
  5. Discuss      the prioritization of the risks identified, their severity, and the      management response strategies


  • Write      a paper addressing the Recovery Plan project. Your paper should be full 10      pages in length, not including the required title and references pages and      the appendix.
  • Support      your paper with a minimum of three to four current scholarly sources from      the Library (no older than five years). This is in addition to any course      textbooks or lecture material you decide to use. Of course, you may always      exceed the minimum number of sources.
  • Assess      and critique the risk response strategies used and identify a minimum of      three new recommended risk response strategies in response to the risks      identified.
  • Format      your entire paper according to the APA format.

Pages 36, 37, 54, 55, 93, & 215 in Mastering Risk and Procurement

Noakes-Fry, K. (2016). Part II: Contracting for a resilient supply train. In K. Noakes-Fry (Ed.), Creating and Maintaining Resilient Supply Chains (64-101). Brookfield, CT: Rothstein Publishing.

Vereen, S. C., Sinacori, B., & Back, W. E. (2016). Critical risk considerations for cost estimating on international construction projects. International Journal of Construction Project Management, 8(2), 153-169.

Yamin, M., & Sim, A. K. S. (2016). Critical success factors for international development projects in Maldives: Project teams’ perspective. International Journal of Managing Projects in Business, 99(3), 481-504.

Das, A. (2013, October 29). Anti-dumping agreement: Overview. Centre for WTO Studies. UNESACP – ITC Technical Capacity Building Workshop on Afghanistan’s Accession to WTO. Retrieved from

Dodge, W. S. (2015, December). International comity in American law. Columbia Law Review, 15(8), 2071-2141.

International Contract Law and Administration. (2013). In M. H. Ferrara (Ed.). Gale Business Insights Handbook of Global Business Law (pp. 191-200). Retrieved from

International Trade Administration. (2016a). Cash in advance. Retrieved from

International Trade Administration. (2016b). Letters of credit. Retrieved from

Joshi, A. S., & Neumann, G. (2012, May 8). A primer for Alien Tort Claims Act. Retrieved from

Kerzner, H. R. (2013). Project management: A systems approach to planning, scheduling, and controlling (11th ed.). Wiley: New York.

Lenaghan, J. M. (2018). Tort liability of school districts, officers, and employees. Retrieved from

Struett, M. J., (2016). American governance. In S. Schechter, T. S. Vontz, T. A. Birkland, M. A. Graber, & J. J. Patrick (Eds.), Vol. 3. Farmington Hills, MI: Macmillan Reference USA.

U.S. Census Bureau. (2018). Guide to foreign trade statistics. Retrieved from

U.S. Department of Justice. (2018). Foreign Corrupt Practices Act. Retrieved from

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