1 negative risk management applications (100 words)

Questions/Business/Management1 negative risk management applications (100 words)
Based on the Cost Risk Management in West Rail Project of Hong Kong case study, identify and discuss 1 negative risk management applications. 100 words.

Attachments
hong kong rail project.pdf

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Dr.RickA+ 969 TUTOR Posted 1706. Sold 1831. Bought 2. Solution preview:
Risk management implies the systematic process in project planning of identifyin** analyzing, *** ******** ** responding ** ***** ** * ******* ** ******* capitalizing ** *** probability *** consequences ** ******** ***** *** ******** *** probability *** consequences ** ******** ** ******* ****** ** **** *** project’s objectives ** ** ** essential ***** **** ** ******* ******** *** ******* ** ******* ** *** **** **** ******* ** **** **** ******* ** crucially *** *** **** ******** ***** ****** construction ******** *** identified *** **** **** appropriately (Høyland ***** ******** *****

Attachments
Cost Risk Management in West Rail Project of Hong Kong case study.docx
COST RISK MANAGEMENT *
Cost Risk Management in West Rail Project of Hong Kong **** *****
Student’s ****
Instructor’s ****
**** ** Submission
**** management ******* *** systematic ******* ** ******* ******** ** identifying, analyzing, *** ******** ** responding ** ***** ** * ******* ** ******* capitalizing ** *** probability *** consequences ** ******** ***** *** ******** *** probability *** consequences ** ******** ** ******* ****** ** **** *** project’s objectives ** ** ** essential ***** **** ** ******* ******** *** ******* ** ******* ** *** **** **** ******* ** **** **** ******* ** crucially *** *** **** ******** ***** ****** construction ******** *** identified *** **** **** appropriately (Høyland * ******** *****
According ** ******** ***** ******* *** *** ** identification ** *** *** ** **** management applications ** organization ***** ** ** **** ** ******** *** *** **** management applications **** ** ** **** ** sufficiently ****** **** application (Høyland * ******** ***** ** ** *** ***** ** ******** applications, ***** *** necessary, *** ***** *** *** ******* ** *** governance processes ** ** **** essential ** ******** *** applications ******** ** ******** ** ***** ******* ** **** determine ***** importance ** operational **** *** processes (Crawley& ****** *****
**** *** applications **** **** identified, **** *** ** evaluated ** identifying ***** vulnerabilities, ******** ******** *** likelihood ** **** occurrence *** technical ******* *** ***** **** ******* *** ******* assessment ** ***** individuals *** ** ******* ** ***** *** * successful **** assessment, *** application ****** ******* * ***** understanding ** *** ******* requirements, **** ** ****** regulatory, contractual, *** corporate ******** *** *** **** ***** processed *** ******* *** ***** *** ** projects, *** ***** *** **** particular ******* ******** ** **** applications **** ******* *** ** overlooked ** **** **** assessment applications ** discussed ***** (Crawley& ****** *****
******** **** Management Applications
*** ******** **** management application ** *** **** ******** **** ******** ** * spreadsheet, ***** ****** *** ******** management, **** opportunities, *** ******** throughout * project’s lifecycle *** **** **** *** ******** *** *** ******* manager’s ******* *** ****** ** **** management, *** ** **** ******* * ******** *** archiving ******* archiving, *** ******* ****** **** ***** ***** *** ** **** ** * historical ****** *** ******* ******* *** structure ** *** **** ******** ******* ** organization ***** **** *** ** * **** ***** *** ******* **** information associated **** *** different **** management processes (Crawley& ****** *****
******** * ******* ****** ******** ***** **** ***** **** management techniques, *** **** ******** ******* *** *** **** ***** ** **** management ******* **** management **** ** characteristically ** ****** ** * **** **** ******* **** Identification ** *** ***** ******* ******** ** **** ******** **** ******** *** ** Qualitative ******** ** Quantitative ******** ***** ** **** ******** *** ******** **** ******* * **** response, **** analyzed, *** ***** ***** **** ******* responses ******** **** ***** techniques, **** Monitoring ** **** ** essential **** ** *** **** ******** Monitoring **** ** ******* *** *** ***** ***** **** ******* ******* *** ******* monitoring ******* ***** *****
*** ****** **** management application ** *** ****** ******** application **** * ******* ******** **** *** **** **** ******* ** **** ***** ****** ******** ** **** significant ****** ******** ***** ** ******** *** ******** ***** *** vulnerabilities ***** ***** ****** ** ****** ** *** definition ***** ** *** ******* ** ****** **** *** ******** ** *** ******* ** ******* ** *** categories *** **** ******** *** **** ** undertaken ***** ** *** ******* lifecycle **** ***** *** ** ***** ****** ** **** ******** ****** ******** ** **** ******* ******* *** ** **** ** ******* ** ******* understanding ** *** ******* ***** ******** **** procurement (Crawley& ****** *****
**** *** **** register, ****** ******** ** * structured technique, ***** systematically identifies ******** vulnerabilities *** ******** *** ******** counter-meres ** ****** *** ***** ***** construction projects, *** **** ** **** **** ******* ** **** ***** *** ******* ** **** **** ******** applications ***** *** ***** *** identified ******** **** ***** ******** countermeres *** project’s vulnerabilities *** **** identified ***** ** *** previously identified ******* ** *** ******* (Hartford * ******** *****
******** Applications
*** **** ******** ** * ******** **** management application *** ******* ******** *** **** ** **** **** ******* ** **** **** **** application ******** **** *** strength, weaknesses, opportunities *** ******* ** *** ******* ******* *** ******** assessment (Hartford * ******** ***** *** **** ******** ** ******* *** ****** *** *** applicable ** ******** **** ******* ******* calculations ** **** possibilities *** ***** ******* ***** ***** **** ******** ** * ******** **** management **** ** * ******* construction ******* *** ***** **** ** ***** **** consuming *** **** bureaucratic ***** *** ***** **** *** ***** **** activities **** ***** departments **** *** ******** ***** activities ** *** ******** *** ***** ***** ******* **** analytic, ** **** ******** *** ******** * considerable ****** ** **** ** ***** ***** *** ***** *** ******* activities ******* ***** *****
References
******** ** * ****** * ****** ****** identification ******* ***** Institution ** ******** Engineers
Hartford, * * ** * ******** * * ****** **** *** ******** ** *** ****** ****** *******
Høyland, ** * ******** * ****** ****** reliability ****** ****** *** statistical ******* *** **** *****
****** **** ****** Application **** management Retrieved **** Price: $8.00

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