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Need some help with Risk Mitigation .. WBS is provided Planned Start Planned End Total Name Date Date estimated days Deadline Budgetted Cost Actual Start
Need some help with Risk Mitigation .. WBS is provided
Planned Start Planned End Total Name Date Date estimated days Deadline Budgetted Cost Actual Start Date Actual Finish Date Actual Duration (# days) Actual Cost Project Lead: Planning 2/1/22 3/31/22 58 3/31/22 300,000.00 1/31/22 3/28/22 56 296,300.00 2/1/22 2/1/22 0 2/2/22 12,000.00 1/31/22 1/31/22 10,300.00 Project Team Established Project Team Initial Meeting 2/1/22 2/1/22 0 2/3/22 5,000.00 2/1/22 2/1/22 0 4,000.00 Market Research on all Competitors 2/5/22 2/25/22 20 2/28/22 28,000.00 2/4/22 2/24/22 20 25,000.00 Meet with Key Stakeholders 3/1/22 3/1/22 0 3/1/22 15,000.00 3/1/22 3/1/22 0 13,500.00 3/1/22 3/7/22 6 75,000.00 3/1/22 3/6/22 5 72,500.00 Data Collection 3/10/22 Project Acquisition Plan 3/5/22 3/8/22 3 3/9/22 65,000.00 3/5/22 3/8/22 61,000.00 Legal Review 3/10/22 3/29/22 19 3/31/22 100,000.00 3/8/22 3/28/22 20 110,000.00 Strategy Execution 4/1/22 6/30/22 90 7/1/22 1,500,000.00 4/1/22 7/1/22 91 1,492,500.00 Development of Shared Services 4/1/22 4/15/22 14 4/14/22 80,000.00 4/1/22 4/13/22 12 75,000.00 4/1/22 4/30/22 29 5/1/22 50,000.00 4/1/22 4/28/22 27 50,000.00 Workflow Standardization Analysis of Material and Labor Reduction 4/25/22 4/30/22 5 5/1/2022 35,000.00 4/23/22 4/27/22 4 35,000.00 Vendor and Customer Communication 5/1/22 5/10/22 9 5/12/2022 50,000.00 4/30/2022 5/11/2022 11 48,000.00 Design of the Site 5/15/22 5/28/22 13 5/30/2022 250,000.00 5/13/2022 5/27/2022 14 245,000.00 Production Layout 5/29/22 6/14/22 16 6/16/2022 850,000.00 5/28/2022 6/12/2022 15 852,000.00 6/14/22 6/30/22 16 7/1/2022 17 187,500.00 Logistics 185,000.00 6/13/2022 6/30/2022Planned Start Planned End Total Name Date Date estimated days Deadline Budgetted Cost Actual Start Date | Actual Finish Date | Actual Duration (# days) Actual Cost Project Branding 7/5/22 9/30/22 87 10/1/2022 1,000,000.00 7/5/2022 9/29/2022 86 990,000.00 3.1 Marketing Firm selected 7/5/22 7/15/22 10 7/17/2022 250,000.00 7/5/2022 7/14/2022 9 250,000.00 3.2 Marketing Analysis 7/16/22 7/31/22 15 8/2/2022 100,000.00 7/15/2022 7/27/2022 12 95,000.00 3.3 Develop New Branding 8/1/22 9/1/22 31 9/3/2022 450,000.00 7/28/2022 8/26/2022 29 450,000.00 3.4 Meet with Key Stakeholders to discuss Marketing and Branding 9/1/22 9/3/22 2 9/5/2022 10,000.00 8/28/2022 9/3/2022 6 10,000.00 3.5 Begin Implementing New Marketing and Branding 9/4/22 9/28/22 24 9/30/2022 190,000.00 9/4/2022 9/29/2022 25 185,000.00 Monitor and Control 10/2/22 12/31/22 90 1/3/2023 500,000.00 10/2/2022 12/28/2022 87 460,000.00 4.1 New Training and Assessment of Workforce 10/2/22 12/1/22 60 11/30/2022 400,000.00 10/1/2022 11/28/2022 58 375,000.00 42 Capture Demonstrated Improvements 12/1/22 12/28/22 27 12/31/2022 100,000.00 12/1/2022 12/27/2022 26 85,000.00 Acquisition Project Closing 1/2/23 4/30/23 118 5/5/2023 250,000.00 1/2/2023 4/15/2023 103 220,000.00 5.1 Acquisition Project Review 1/2/23 4/30/23 118 5/5/2023 250,000.00 1/2/2023 4/15/2023 103 Project CompletePartial 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 risks2. 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 projectStep by Step Solution
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