High Level Risk Assessment (where do you see the challenges, probability/severity of consequence (simple grid) for each project Scenario). Which project seems more “risky”?.
Begin with an overview of the 2 project scenarios. Choose a couple of the templates provided that would be applicable to both project scenarios and complete the content. Make sure that you, at a minimum, address the following:
1. High Level Risk Assessment (where do you see the challenges, probability/severity of consequence (simple grid) for each project Scenario). Which project seems more “risky”?
2. Cost/Benefit Analysis: High Level – What are you seeing is the possible overall cost of the project and in particular the benefits. Which project seems to have greater overall benefits?
3. Substantiate the Feasibility and Your Choice- when leadership is looking to support a project and choose between which 2 projects, they will want to support the project with the “biggest bang for the buck”.
4. Justification/Rationale/Reasoning/Assumptions –