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Nicoline Nielsen
Nicoline Nielsen
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Both have their place. Qualitative analysis is quicker but less precise, while quantitative analysis offers more accuracy at the cost…
On Examine the risk attributes like probability, impact, urgency
@22 A positive CV means you're under budget. While it seems good, it could also indicate possible underutilization of resources.…
On Calculate cost and schedule variances.
Could someone elaborate on the difference between qualitative and quantitative risk analysis?
On Determine how to apply risk tools appropriately
Conducting a thorough schedule risk analysis, including Monte Carlo simulations, can be very effective.
On cost/schedule/environment etc., effect of the action on the probability or the risk impact
Agreed. Practicing with mock exams helped me a lot in this area.
On Monitor risk response and document residual risk
Very informative, thank you!
On Explain a requirements traceability matrix/product backlog.
How does one handle network dependencies that also become bottlenecks?
On Use network to implement solutions to remove impediments, obstacles, and blockers for the team
I found the section on stakeholder alignment particularly useful. Thank you!
On Evaluate program objectives relative to regulatory and legal constraints, social impacts, sustainability, cultural considerations, political climate, and ethical concerns in order to ensure stakeholder alignment and program deliverability.
An appropriate responsibility matrix really simplifies escalation paths and clarifies accountability.
On Outline an appropriate responsibility matrix for a metricized project environment
Thanks for the informative post!
On Recognize and act on mentoring opportunities
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