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[>Management homework help](https://www.sweetstudy.com/fields/business-finance-management) ## 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 thi…
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[>Management homework help](https://www.sweetstudy.com/fields/business-finance-management)
## 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](https://learn.snhu.edu/content/enforced/2146176-QSO-349-11282.202611-1/Course%20Documents/QSO%20349%20Module%20Five%20Activity%20Risk%20Log%20Template.docx?isCourseFile=true&ou=2146176) 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%
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QSO349ModuleFiveActivityRiskLogTemplate.docx](https://www.sweetstudy.com/files/qso349modulefiveactivityrisklogtemplate-docx "QSO349ModuleFiveActivityRiskLogTemplate.docx")