Risk Management Requires Thorough Analysis Essay - 1452 Words

Risk Management Successful risk management requires thorough analysis, rating, ranking, and mitigation documentation. To do proper risk rating and ranking, a rating matrix needs to be defined. The rating matrix used by Project Pluto is included below. Risk Determination Documented risks are rated by likelihood of occurrence and impact to the project. The factors below define the overall risk ranking. Table A documents the criteria used in determining overall risk ratings. Table A: Risk Rating Matrix Risk Likelihood Risk Impact Low (10) Moderate (50) High (100) High (1.0) Low 10 x 1.0 = 10 Moderate 50 x 1.0 = 50 High 100 x 1.0 = 100 Moderate (0.5) Low 10 x 0.5 = 5 Moderate 50 x 0.5 = 25 Moderate 100 x 0.5 = 50 Low (0.1) Low 10 x 0.1 = 1 Low 50 x 0.1 = 5 Low 100 x 0.1 = 10 Risk Scale: Low (1 to 10); Moderate (10 to 50); High (50 to 100) (Hohner, 2012, 11-13) Risk Mitigation Strategies For all the risks identified, one of the following five risk mitigation strategies will be used. The strategy used depends on the overall risk rating and the risk management decision made by the project team. Risk Avoidance Risk avoidance is concerned with changing the situation to reduce the probability of a potential problem to an acceptable level. (Fairley 382-388) Risk Transfer Risk transfer involves reallocating the requirements that created the risk factor to another system component or another organizational unit that can better handle the risk factor. (FairleyShow MoreRelatedRisk Control Techniques, Limitations And Challenges1052 Words   |  5 PagesRisk Control Techniques, Limitations and Challenges 6 April 2016, Posted by Shuhui Yang (Team N) D ecisions are along with uncertainties, which always indicate a potential loss. Therefore, risk analysis and management have played an increasingly important role in business decisions. As the demands arise, risk analysis techniques are gradually improving and perfecting. 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Recruitment schedule and preparation for interview Free Essays

Describe about yourself† – Identify synopsis about the applicant, specifically their Unique Selling Proposition, describe the applicants who they are and the major benefit that a company will drive from this person. Q. â€Å"Why have you applied for this Job? Or â€Å"Why are you leaving the current position? † – These are very critical questions. We will write a custom essay sample on Recruitment schedule and preparation for interview or any similar topic only for you Order Now The interviewer will consider the reason why the applicants make a change. Is that problem with their previous employer or co-workers? Or do they want to promote? Q. What do you consider your most significant accomplishment in your previous Jobs? † – To find out their experiences/roles/responsibilities that the company can derive from that accomplishments Q. â€Å"What excites you most about this position and what do you think would be stretch for you? † – Evaluate and test the applicant to make sure they understand this Job description and what motivates them to take this Job. Interview questions about applicant’s skills and experiences: Q. â€Å"Why do you believe you are qualified for this position? – To identify what qualifications or skills that the applicants need to adapt this Job. The applicant need to mention technical skills, a management skill or personal success story Q. What do you like/dislike most about your previous Job? â₠¬  – Try to determine compatibility with the open position. Can discuss about challenges, pressure situations, deadlines Q. â€Å"What tasks do you find the hardest in the last Jobs? What weaknesses do you have and want to improve? † – Understand the limit of the applicants and identify their weakness. Does the weakness affect to the company? Or could the weaknesses be improved? Q. â€Å"Describe a difficult work situation/ project and how would you handle it? † Q. â€Å"Describe the time that you didn’t work well with supervisor or co-worker? What was the outcome and how would you have changed the outcome? † CIO. â€Å"Have you worked with someone you didn’t like? If so, how you handle it? † – These case-study questions to determine how the applicants dealt with their Jobs under the difficult situations such as pressure, technical problems, confliction with co-workers†¦ IQ 1 . â€Å"Do you prefer to work independently or on a team? † – Want to know if they are team’s players or would rather work on their own. IQ 2. â€Å"Give some examples of teamwork that you involved. † – Determine the applicant’s roles/responsibilities in the team and how heir contribution to make the project successfully Interview Questions about Technical Skills IQ 3. â€Å"What do you do to maintain your technical certifications? † IQ 4. â€Å"How do you keep current on this industry? – Want to know if the applicant still update their knowledge in IT field and â€Å"could they be trained if required? † IQ 5. â€Å"How do you troubleshoot IT issues? † Q. â€Å"What development tools have you used? † – To find out their experience how to troubleshoot computer’s hardware and software; maybe which tools they used to fix it or what programming language they used†¦ IQ 7. â€Å"Tell me a bout a time that you work conveying technical information to a unintentional audience† – Examine applicant’s communication skills, and how they delivered their Job to unintentional audience. How quickly are they response for the problems? IQ 8. â€Å"Tell me about the IT’s project you are most proud of, and what your contribution was. † IQ 9. â€Å"Give an example of where you have applied your technical knowledge in a practical way’ – A deeper look in terms of technical skills to make sure the candidates are suitable for this Job. The interviewer maybe look at the software, management tools or development tools they used, are these tools used in our company? Q. What are you salary requirements – both short-terms and long- terms? Would you take a Job for less money? † – To identify the salary that satisfy the applicant and also consider the budget that company can afford it Interview Guide l. Prepare Create comfortable environment Introduce the purpose of this interview Spend some time introducing yourself to the applicants, and ask the applicants to do the same II. Core interview Focus on open questions to draw out candid ates and their opinions. The questions would follow interview questions above: General questions: Ask about the applicant’s personality, passion, hobbies Opinions about work and life Work independently or team Their ability Experienced in problems and how deal with it Deal with deadlines, stress Technical questions: Their roles/responsibilities in previous project/Job Ability to pick up new product/technology quickly Technical skills Technical training courses Career and company questions: Salary requirements Opinions about this position/company Future career plan Ill. After the interview – Tell the applicants how can you reach them or send the results. Write a checklist all the questions you as How to cite Recruitment schedule and preparation for interview, Papers

Children Play Definition and Theories free essay sample

In the University of Washingtons The Online Dally students newspaper, Alison Dammed In her two pages article published In 1997 titled Kids Need Real Freedom to Grow wrote Todays generation lead much more insulated lives, (Dampen ) that is they are insulated from the actual freedom to play to, get into trouble, do things that kids are suppose to do. She ultimately concluded that play is no longer play because It has progress from the outdoor type of play Into Indoor, because parents are too protective of their children.I agree with Alison Dammed that play has progressed, but that does not dictate that todays children are not experiencing the fun in which she had had as a child. What Is play? Alison Dammed begin her article with a series of past play experiences that depict the deflation of play. She wrote, Our play time never had a structured format, yet cant remember even being at a loss for what to do. We will write a custom essay sample on Children Play Definition and Theories or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In many events she recalled her play experiences as she wrote, had no structure, which Is the core to our definition of play.Play requires no time or place, play rather append spontaneously. The key word here Is place according to Alison Dammed, our generation spends too much time indoor and very little time outdoor, participating in play activities that requires a child to runabout freely. This is where I disagree with Dammed, she made the notion that children should be allow to gallivant about the street freely, to have fun, But according to the definition mention above play should have no structure or format, that is play can happen anywhere at any given time if the fun factor is satisfied.With the increase in gang violent, child abduction, and various other deadly incidents involving children, the world in which we live in has become more and more dangerous for our children. Due to this, parents are becoming more alert, more open to protect their children. They allow such commercial products with the purpose to Child-proof, to monitor their child during their course of play. These products for example the computer, video games, the TV gave parents the power to completely plan their childs play activities to keep their hill safely Inside their home, and Alison Dammed believe this ultimately hindered the real purpose of play.Once again Alison Dammed completely misses the important factors that define play. Computer, video games, as well as TV has its own benefits. Video games allow a child to carry on his or her creative self-expression through the virtual characters. In the game the child Is allow to be anything that he or she want to be, and of course it produce pure pleasure. This is apparent because video games is particularly popular among children, the same can be said about computer or TV. These technologies gives children the same effect that Alison had while participating In those outdoor play activities, otherwise video games or TV would not be as popular as they are today. Alison also emphasize the fact that parents are too overprotective of their children, that the child is no longer allow the freedom to play, and if they do, they are often under heavy security and as she wrote, Encased in every conceivable protective foam device, (Dampen).It is the parents duty to safeguard their children, and I understand that parents can sometime be too over-protected, but this goes not necessarily affect the childs play. Padded protected gears and various other 1 OFF unfortunate incident. Alison Dammed was right when she mentioned that play has no structure or format, but play is only rewarding if carried on properly. Through the use of protected gears and other child-proof method, parents can help optimize and maximize their childrens play experiences, allowing them to fully participate in play.