(Mt) – University Phoenix Different Perspectives Regarding Competitive Advantage Questions

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​Risk Monitoring and Control

​Risk Monitoring and Control
Risk Monitoring and Control Risk monitoring and control is about ensuring that you are responding to risks as planned, identifying and planning responses to newly identified risks, and reviewing and updating all contingency reserves (time and money). Your risk management plan should include the steps, processes, or procedures that you will use to continually monitor and update the risk register throughout the life of the project. Address the following items for monitoring and controlling project risks in the provided Risk Management Plan Template: Describe the method(s) you will use to monitor if risks are being triggered.Describe the method(s) you will use to identify and plan responses to newly identified risks.Describe the method(s) you will use to review and update any contingency reserves.Describe the timing on all of the above. For exle, some you may do daily, others weekly, others monthly. Perhaps these tasks will be done as part of your regular status meetings or at special meetings to discuss risk. References: Hton, J. J. (2015). Fundamentals of enterprise risk management: How top companies assess risk, manage exposure, and seize opportunity. New York NY: American Management Association. Project Management Institute. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide). Sixth edition. Newtown Square, PA: Author.

Strategic Planning and Strategic Management

Strategic Planning and Strategic Management
Purpose of Assignment The purpose of this assignment is to help students understand strategic business terminology (vision, mission, goals, objectives, specific objectives, internal and external scanning), to recognize the components of a strategic plan and to be familiar with the core information and steps needed to create a strategic plan. Furthermore, this assignment allows students to recognize the difference between strategic planning and strategic management. Assignment Steps Write a 700-word analysis in which you complete the following: Describe and define the primary components of the Strategic Management Process.Describe and define internal and external analysis.Describe and define the responsibilities and duties of the Strategic Manager.Explain why companies need strategic management planning. Cite 3 scholarly references, including at least two peer-reviewed references from the University Library. Format your paper consistent with APA guidelines.Click the Assignment Files tab to submit your assignment.

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