Chapter 12: Cultural Shaping of RiskTQM Conference Paper:  https://www.pmi.org/learning/library/ready-pm-total-quality-management-106TQM Conference Paper:  https://www.pmi.org/learning/library/risk-management-tqm-design-projects-1900TQM Conference Paper: https://www.pmi.org/learning/library/pm-tqm-inconsistent-theory-practice-3327Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.Also, provide a graduate-level response to each of the following questions:

1. Explain the concept of standard deviation and provide a calculated example – what is the difference between 3 Sigma and Six Sigma?

[Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student’s own words – do not provide quotes!] 

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Title: Managing Project Risks ISBN: 9781119489733 Authors: Peter J. Edwards, Paulo Vaz Serra, Michael Edwards Publisher: John Wiley & Sons Publication Date: 2019-08-13