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I need some help with a Project WBS & Risk Mitigation Plan. All info is listed below, some may have to created. Create a Project
I need some help with a Project WBS & Risk Mitigation Plan. All info is listed below, some may have to "created."
Create a Project WBS and Risk Mitigation Plan. Scenario in your role as a Project Manager for Kingston-Bryce Limited you hate been assigned to create a risk mitigation plan. Risk mitigation is a key component of project planning because you are trying to look at all of the altematiyes while planning eyerything for a project. The Board of Directors for Kingston-Bryce Limited (KBL) is eager to moye forward with the acquisition of their competitor. The acquisition of the competitor will enable KBL to expand operations and triple their workforce and will take 13 months to complete with a projected cost of $5 million. The project could be at risk because there have been rumors that another buyer has entered a bid to buy KBL's competitor. In order for this acquisition to be successful, you will need to use your project management skills to ensure success and that the project stays on budget and time. Partial Risk Mitigation Plan Assumptions Risk Register Risk Description of Risk Potential Priority Probability Response Plan Category* Impact *Risk Categories might be cost, contractual, financial, political, or technical risksActual Finish Actual Duration (# Planned Start | Planned End estimated Actual Start Date Date days) Actual Cos Name Date Date days Deadline Budgetted Cost WBS this should include the planned and actual start/ end dates for the entire project plus the total estimated and actual days and the total budgette 1.0 Project Summary Task - delete note when you overwrite with data 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.0 2.8 3.0 3.1 3.2 3.3 3.4 3.5 3.62. For the risk mitigation plan, create the plan to ensure that KBL has documentation to complete the acquisition by using the attached Partial Risk Register template. Detail the risks the project may be subjected to and what actions will be taken to minimize the impact of these risks on your project. You will need to create a list of risks that could potentially happen in the project. You will also need to be creative to fill in the unknowns in the scenario. Think about examples such as cost, contractual, financial, political, or technical risks that might occur when launching a project.1. For the Project WBS, expand your Project Scope to include a full WBS including all working tasks required to complete the project with the attached Project WBS template. You may also use Microsoft Project to create this, if desiredStep by Step Solution
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