[SOLVED] QSO 349 MODULE FIVE ACTIVITY GUIDELINES AND RUBRIC
QSO 349 Module Five Activity Guidelines and Rubric
Overview
You will practice developing key components of successful procurement planning and management as you complete four activity assignments in this course. For the fourth activity, you will prepare a risk log.
Prompt
Develop a five-column risk log for the case study that you selected for your final project using the Module Five Activity Risk Log Template, which is linked in the What to Submit section.
In your submission, address the following criteria:
- Identify possible risks
- For each risk you identify, provide the following information:
- Indicate the probability of risk occurrence.
- Indicate the potential impact of each risk.
- State an appropriate response for each risk.
- Assign the responsibility to prevent or mitigate the risk.
- In two to three paragraphs, summarize the significance of a risk log for a successful procurement.
What to Submit
Use the Module Five Activity Risk Log Template to complete this assignment. Along with the completed log, submit a 1- to 2-page Microsoft Word document, including diagrams or spreadsheets as appropriate, with double spacing, 12-point Times New Roman font, and one-inch margins.

Module Five Activity Rubric
CriteriaMeets Expectations (100%)Partially Meets Expectations (75%)Does Not Meet Expectations (0%)Value
Risk Identification Identifies and prioritizes possible risks for the procurement case studyIdentifies possible risks for the procurement case study; however, risks are not clearly prioritizedDoes not identify possible risks for the procurement case study15
Probability of Risk Occurrence Indicates the probability of occurrence for each risk identifiedIndicates the probability of occurrence for each risk identified, but the basis for assigning probabilities is not explainedDoes not indicate the probability of occurrence for each risk identified15
Potential Impact of Risk Indicates the potential impact of each risk identifiedIndicates the potential impact of some, but not all, of the identified risks, or the level of impact for some risks is not appropriateDoes not indicate the potential impact of any identified risks15
Risk Response States an appropriate response for each risk identifiedStates responses for the risks identified; however, responses are generic, vague, or illogicalDoes not state an appropriate response for each risk identified15
Risk Responsibility Assigns the responsibility to prevent or mitigate the risk to a specific person or roleAssigns the responsibility to prevent or mitigate most but not all of the identified risks to a specific person or role, or the assignments are not appropriateDoes not assign the responsibility to prevent or mitigate any of the identified risks to a specific person or role15
Significance of Risk Log Describes the significance of a risk log to project successDescribes the significance of a risk log to project success; however, description is incomplete or unclearDoes not describe the significance of a risk log to project success15
Clear Communication Consistently and effectively communicates in an organized way to a specific audienceShows progress toward meeting expectations, but communication is inconsistent or ineffective in a way that negatively impacts understandingShows no evidence of consistent, effective, or organized communication10
Total:100%
RELATED: QSO 349 Milestone Three Guidelines and Rubric
QSO 349 Module Five Activity Risk Log Template
Directions: Use this table to develop your risk log for the Module Five Activity. Replace the bracketed text with the relevant information from your case study analysis. In your log, include the following information:
· Describe the possible procurement risks in the case study you chose to analyze for the final project.
· Indicate the probability that the risk would actually occur.
· Indicate the potential impact of each risk. If the risk occurs, estimate how much damage it would cause.
· State an appropriate response for each risk. Your response strategy should include the detailed actions you would take to avoid, mitigate, or tolerate the risk.
· Assign the responsibility to prevent or mitigate the risk. Identify the person, by name or title, who is responsible for taking the actions.
Risk Log
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Response Strategy |
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RELATED: Leadership in Quality Improvement
