Assignment Details

BUS$611$: Project Planning and Management $($MFX$2350$A$)$

Risk Status Report and Paper

$[$CLOs: $5,6]$

Scenario

The Quick Drop $100$ transition team has met to identify project risks, explore contingency plans, and assign owners to watch for symptoms and address the risks. The team surfaced the following information:

Julie is scheduled for a one$-$week vacation during month three of the project.

The supplier of a common set of hand tools for the manufacturing floor notified the Roto Air Purchasing department that the tools will not be available until one month after manufacturing is scheduled to start. Alternative suppliers are available.

The Human Resources department has indicated that despite their best recruiting efforts the two openings for skilled welders have resulted in no qualified local applicants.

The manufacturer of the custom$-$built rotor forming machine now expects to be one month

Launch External Tool

$4$ Previous

$(1)$

$(1)$

Dashboard

Verizon LTE

$9$:$43$ PM

Assignment Details

BUS$611$: Project Planning and Management $($MFX$2350$A$)$

This week you will be essentially doing two related assignment in one MS Word document. The first part is a status report. The second part is an academic paper.

Part $1$ Status Report:

Prepare a simple status report for senior management by creating a table within a MS Word. For each of the five risks include in the table the following:

Determine if each risk should be classified as low, medium, or high based on its impact to the project.

Differentiate the risk classifications in the table using red, yellow, and green shading using, red for high, yellow for medium, and green for low to produce a status report that immediately signals the severity of the impact without reading the details.

Describe one plausible risk response for each of the risks.

Identify a team member to be responsible for monitoring each risk.

Launch External Tool

$4$ Previous

Next

$(1)$

Dashboard

Calendar

To Do

$4$

Longrightarrow

$$

Notifications

Inbox