Risk Analysis On Cultural Impacts

Developing Risk Analysis On Cultural Impacts

Instructions

As a project manager, you have been tasked with developing a risk analysis of the cultural impacts of your organization.

  • Write a paper with a minimum of 4 pages that aligns the goals of the organization with the culture.
  • Specifically, discuss the Trigen Function and the three different types of risks associated with bias.
  • Provide examples and reflect on how a company can minimize risk bias and maximize performance.
  • Also, discuss how the organization would conduct a risk interview.

Moment of Methods vs. Monte Carlo

Instructions:

  • Three-point estimates (moment of methods) and Monte Carlo simulation both can be used for determining project risk contingency reserves with varying levels of accuracy.
  • Write a page to compare and contrast the moment of methods approach with Monte Carlo simulation and explain how each might be used on projects of varying size and scope.

Please be sure to validate your opinions and ideas with citations and references in APA format.

Game Theory

  • Game theory is “the study of mathematical models of conflict and cooperation between intelligent rational decision-makers (Myerson, p. 1). ” Game theory applies to a wide range of behavioral relations and is used in the science of logical decision making.  After reviewing the materials this week, write a page answering do you think game theory can help you better understand a company’s competitive external environment?  Why or why not?

Please be sure to validate your opinions and ideas with citations and references in APA format.

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