Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Instructions Assignment Information This assignment combines the concepts covered in the first half of the course. Students have an opportunity to demonstrate their learnings from

Instructions

Assignment Information

This assignment combines the concepts covered in the first half of the course. Students have an opportunity to demonstrate their learnings from previous assignments, course material, quizzes and workshop activities. Using the assignment requirements as a guide, and the template provided, create a narrated (recorded) presentation that demonstrates project context and the purpose of the risk management plan. Complete this assignment individually. An optional MS Powerpoint outline is available to help you get started (see Attachment). Read the instructions and requirements carefully.

Project Context

You are the project manager and you are responsible for creating the risk management plan. Your company values risk management and would like you to conduct an overview session for this project to help your project team be successful.

Minimum Requirements

Students select from these ranges

  • Cost: $400,000 to $500,000
  • Schedule: 6 to 8 months or 24 to 32 weeks
  • Reserve: Not to exceed 12.5% of the cost
  • Project Priorities: see Larson section 4.2 Establishing Project Priorities

The student will enhance the project context by coming up with their own unique characteristics of the project:

  • Name your project
  • Provide a short overview of the industry and/ or type of business that the project is executed in
  • Provide the type of project (operational, tactical or strategic)
  • Provide general information related to the project, sponsor, customer or stakeholders, and high-level scope of the project

Instructions

  1. Customize your project context and complete this assignment based on this information. An outline is available to use as a starting point (not mandatory). The presentation should be in the range of 5 to 10 slides and 3 - 5 minutes.
  2. Using Microsoft PowerPoint or an alternative application, create a narrated presentation including these requirements:
    1. Purpose of the risk management plan, including why it is important
    2. Project context to set the parameters for tailoring of the plan
    3. Impact table, tailored to the project, including how the table is used
    4. Heat Map, tailored to the project, including how it is used
    5. Risk Register, include a referenced example, explain the value of the risk register
  3. The methods and formats for impact tables and heatmaps must reflect what is being used for this course
  4. Title page, table of contents and references (all sources and citing where appropriate). Perform a spelling and grammar check, use proper project management terms (i.e. risk). Perform a final format check, make this look professional.
  5. Record your presentation (3-5 minutes). Students may record using the method of their choice - please make sure the professor can play the recording.
  6. Submit your recording, speakers notes (for each slide) and slide deck (5-10 slides) to the Assignment 3 drop box.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: Richard Lynch , Oliver Barish Barish , Vinh Sum Chau , Charles Thornton , Karl S. R. Warner

10th Edition

1529672554, 978-1529672558

More Books

Students also viewed these General Management questions