How to Estimate Project Risk?

Write a short analytical report (4 pages) on how to estimate project risk. In so doing, you define and describe (giving examples):

1.     Sensitivity analysis

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2.     Simulation Analysis

Discuss the strengths and shortcomings of these methods and the circumstances under which each can be applied.

Respond to this question in a short paragraph: Who has more information in the job market: the job seeker or the potential employer?

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The format below is recommended for the essay portion of your paper.

1.     Cover page (See APA Sample paper)

2.     Introduction

a.      Purpose of paper

b.     Thesis sentence

3.     Body (Cite sources using in-text citations.)

a.      Main point 1

                                       i.          Example or evidence

                                      ii.          Evidence (support from the literature)

                                    iii.          Student’s original thoughts and ideas about the section’s content and a concluding thought

b.     Main point 2

                                       i.          Example or evidence

                                      ii.          Evidence (support from the literature)

                                    iii.          Student’s original thoughts and ideas about the section’s content and a concluding thought

c.      Main point 3

                                       i.          Example or evidence

                                      ii.          Evidence (support from the literature)

                                    iii.          Student’s original thoughts and ideas about the section’s content and a concluding thought

4.     Conclusion – Summary of main points

a.      Lessons Learned and Recommendations as needed

5.     References – List the references you cited in the text of your paper according to APA format.

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