Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!


University of Illinois at Chicago Risk Management Paper

University of Illinois at Chicago Risk Management Paper

Question Description

I’m trying to study for my Business course and I need some help to understand this question.

This week’s assignment will focus on beginning the process of establishing a Risk Treatment and Response Plan (attached). As you know, we first need to understand the business problem and the data that must be accessed before selecting and building our models. The modeling techniques and the process for evaluation and deployment to the decision environment will be the subject of future lectures, discussions, and assignments. The CRISP-DM model, presented in my Week 1 lecture is provided as an attachment and should be used as a guide and template for this assignment and for the remainder of the term. For this week’s assignment I would like you to select three fictitious competitive risks that you believe would be of concern in the acquisition of a new product. You may want to use the threats you identified from the week 1 S.W.O.T assignment but that is not necessary. You should provide a paragraph for each risk, establishing what the threat or risk is, or could be that would cause the real or potential risk to occur. You should also explain where you would look for the data to perform the analytics-based assessment of the risk. You should then provide your early views on the risk impact and the likelihood that it could occur. This should be followed by a few paragraphs describing how you will interact with your team and senior managers to complete the risk assessment. The total written assignment should be no more than two double spaced pages to be submitted in Word. Lastly I would ask you to record the risk in the attached Risk Treatment and Response Plan along with the name of your fictitious company (replace XYZ company). You will update and submit the Risk Treatment and Response Plan each week with information that you gather during the remainder of the term, culminating in the final product which will be the Signature Assessment assignment. In Week’s 3 and 4 we will look at qualitative and quantitative risk assessment techniques as they apply to your identified risks so please make sure that you give ample thought to identifying competitive risks in this assignment.

(ps: the photo below is the Week 1 SWOT analysis chart I did, you can relate to that.)

This swot analysis assignment would be within the risk management concept. Double space within 2 pages is great, thank you so much!

"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.