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Continue using the organization you have selected in Week 2. (This is the Risk Management Plan for the iPhone mobile phone – Apple Inc.)

Your organization has determined that more resources are required to complete the project’s risk management process for the business expansion into a country approved by your instructor. Your team has been asked to perform a risk analysis, develop risk responses, and determine how the project will monitor and control risks.              

Resources: Risk Breakdown Structure from Week 2, University of Phoenix Material: Risk Project Log, and Organization selected for the Week 2 Individual Assignment

Write a 1,050- to 1,400-word paper in which you do the following: 

  • Identify the risks associated with the supplier expansion. Document those risks in the Risk Project Log template. 

  • Perform a qualitative risk analysis using risk probability and impact analysis. 

  • Perform quantitative risk analysis. 

  • Determine and document the criteria used to determine which risks will have a risk response plan. 

  • Outline the timing–when and how often–of the risk management process in the project life cycle, including risk monitoring and controlling processes. Consider the following: 

    • Risk reassessment

    • Risk audits

    • Status meetings 

      Format your paper and presentation consistent with APA guidelines.

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