Please reply with a short response to the following discussion posts

Post #1

The method of project control calls for a project manager to "observe, gather data, and make modifications to the project as appropriate" (Miller, 2021). Building and painting a storage shed was my most recent adventure. We all had distinct skills that we used to put together and construct a shed while I was working with two other people. We estimate that this item could have been constructed in no more than three weeks. Even though it actually took us four weeks.

We used monitoring progress without realizing it because we worked on it at various times depending on when we were available. We set out a day and time when we could meet in person because we were occasionally unable to. The tasks that must be completed by the end of the week would be listed on a written schedule. This project would have been considerably simpler to complete if things had not gone as planned, such as if there were shortages or a blizzard. This had an effect on when we could arrive and what we could use. Each team member underwent quality checks, and if there were any issues or worries, we would message one another. For, adjustments and concessions must be made.

Post #2

Our class text mentions that "the project control process involves regularly gathering data on project performance, comparing actual performance to planned performance, and taking corrective action immediately if actual performance is behind planned performance" (JACK, 2022). After taking some time to think, I couldn't find an example of how I used project control process at my work, but I was able to find an example with my schoolwork. On Sunday's I write out in my weekly planner staring from Monday to Friday of what days I need to get certain homework assignments done. After I have read through all my classes on Blackboard, I then write out in my planner each day that I should be able to start/finis an assignment, along with my discussions and discussion replies. Then throughout the week I try my hardest to get those assignments done on the assigned day, so I don't have to do homework on the weekend. By Thursday I should one have one assignment left, so if I have fallen behind, I will work on my discussion replies, and get all caught up on work Thursday. Then Friday's I can start my weekend or finish up any last assignments. On Friday's I can also look back on all the work that I finished that week and start getting prepared for the next week of class. Continually monitoring my work throughout the week helps me stay on track for completing my work on time.

Post #3

Risk management is a key factor in a busness job site, Autoboard states (2021)," The risk matrix is based on two intersecting factors: thelikelihoodthat the risk event will occur, and the potentialimpactthat the risk event will have on the business." explaining the key factors is what a risk is and why it is needed to watch out for. Risks can come in all severities and will have decsions be weighted out. This tyoe of risk analysis is done at the beginning of the project because it will create the least amount of risk later in the project and the company is more prepared for issues to occur. Not only will the company be prepared, but if the comapny knows this is a risk at the beginning of the project, they can find ways to avoid the problem rather than running right into the problem and save time and money.

Post #4

The first step to manage risk is to identify the risks associated with the project. Assessing as many risks as possible will help give different perspectives. Some consideration for project risk include project scope statement, cost management plan, stakeholder register, activity cost estimates and project documents (Wilson, 2020). After the project team has described all the potential risks, the next step is to evaluate them.Analyzing the expected damage that risk can make and come up with strategies on how to reduce its impact. Project managers need to determine what risks will impact the project in minor and major way. Next step is to develop a plan for risk resolution. Helping to minimize the risk allows for more control in the project and gives the project a clear direction.

Benefits of a risk assessments matrix offers major benefits.

• Help identify areas for risk reduction
• Allows for a detailed analysis focuses on high risk areas
• Simplifiesthe risk management process
• identify event outcomes that require more focus.