project is loyality program for the resort.

we have to make presentaion on it.

slide1. purpose

2. project context: duration, budget

3. risk register

4. impact table

5. heat map

6. outcome

7. references

NOTE

the table used are

41 72 risk assig 2 - WordPad -O X Home View + Ruler Word wrap Status bar + Measurement units - Zoom Zoom in out Zoom Show or hide Settings . 1 .1 . 1.2 . 1 .3 . 1.4 . 1 .5 . 1.6 . 1 .7 . 1 .8 . 1 .9 . 1 10. 1 11 12 1 13 14. 1 15 16. 1 17. 1 18. Assignment 2: Risk Identification and Analysis 111 Project Description - The approved concept that we will move forward is "To create a resort loyalty programme". The loyalty programme will boost the project's possibilities for expansion and reduce its risk when compared to alternative concepts or options. This concept will aid in the development of an all-inclusive resort in Hawaii. The hotel offers opulent rooms, hot and cold pools, and restaurants serving a variety of cuisines; as a result, it needs to add distinctiveness and relevance for frequent visitors or consumers. The initiative or project has the following advantage: 1. It fosters stronger client loyalty and relationships. 2. The resort's revenue has improved as a result of standing out from competitors and drawing in more visitors. 3. The project gets finished more quickly and on schedulde 4. This program interacts all the generation people and it helps to decide the upcoming programms that what kind of projects are to be selsected so that the resort can get best benefit from them. Cost Table for Big Island Hotel - Loyalty Program Big Island Hotel Cost Table Description of Cost Unit Type Rate Duration 32 weeks (8months Architect Hourly $50.00 involvement) Project Manager Hourly $100.00 98 weeks Printing Per Job $7,000.00 N/A Permits Per Permit $250.00 2 weeks lapsed time CAP 70% -D + D A 23:42 O 19-03-2023-O X 418 7 risk assig 2 - WordPad Home View + Ruler ' Word wrap Status bar + Measurement units - Zoom Zoom in out Zoom Show or hide Settings 112 13 14 1 5 1 6 17 1 8 1 9 10 11 12 13 14 15 16 17 18) Cost Table for Big Island Hotel - Loyalty Program Big Island Hotel Cost Table Description of Cost Unit Type hate Duration 32 weeks (Bmonths Architect Hourly $50.00 involvement) Project Manager Hourly $100.00 96 weeks Printing Per Job $7,000.00 N/A Permits Per Permit $250.00 2 weeks lapsed time Blended Rate -Meetings $320.00 Twice a month for 18month Per Meeting project Trainers Hourly #85.00 24 weeks contract IT Resource Hourly $175.00 N/A Web Advertising Per Design $1,500.00 NA Per Resource Contract Employee $2,000.00 NA Weekly survey team Hourly $180.00 8 weeks contract ( 2 months) Fast Internet Facility and Online Booking Hourly $200.00 6 months contract Implementation Documentation Experts Hourly 980.0 |Thrice a month for 24 month Project Blended Rate Per Procurement Team 9600.00 24 Weeks Contract Meeting Impact Table for Loyalty Programme Big Island Hotel Cost Table CAP 60% -0 + 23:43 D O 19-03-2023-O X | risk assig 2 - WordPad Home View + Ruler Word wrap Status bar + Measurement units - Zoom Zoom 100 in out Zoom Show or hide Settings 112 13 14 1 5 1 6 17 1 8 1 9 10 11 12 13 14 15 1 16 17 18) mplementation Documentation Experts Hourly 560.0 |Thrice a month for 24 month Project Blended Rate Per Procurement Team $600.00 24 Weeks Contract Meeting Impact Table for Loyalty Programme E Big Island Hotel Cost Table Impact Rating Cost Time ( Weeks) 1 Very Low 20% 5 Very High >14,000 Risk Register for Big Island Hotel - Recreational Activities EMV EMV RISK Dur Risk Rati Type Cost Risk (show Notes Risk Prob. |Impact Statement LOVT (show Category ID all all work) work CAP 60% 0 + 23:44 D O G A 19-03-2023-O X | risk assig 2 - WordPad Home View + Ruler Word wrap Status bar + Measurement units - Zoom Zoom in out Zoom Show or hide Settings 17112131415 617 18 9 10 11 12 13 14 15 16 1718 EMV Ris EMV Dur Risk Type cost Risk Notes Risk Prob | Impag [show [show all Category ID statement all work) all work work " the project's 3 -(33.600) 384 Try to divide project 40% (33.600 weeks Operational | divide work budget Is al Risk work Into higher than Its maller ta real cost, It parts and It will be assign necessary to costs to E approach each tack so Investors to so that the secure project Is additional completed funding In the udget. The resort's IT O 42000 48 wada Proper IT department | 50% planning department and wants to update execution of update of the resources and project and develop a helps to a checklist for upgrade the doing so and It the company It takes lot of company IT time IT softwares softwares on But the risk Is on time. 2 organisation willhave to use use outdated CAP 50% O -0 + 23:44 D 19-03-2023| risk assig 2 - WordPad -O X Home View + Ruler Word wrap Status bar + Measurement units - Zoom Zoom 100 in out Zoom Show or hide Settings A 171121314 15 617 18 9 10 11 12 13 14 15 16 1718 It takes lot of company IT time. IT softwares softwares on But the rick Is on time organisation willhave to use use outdated outdated softwareand contact suppliers If the the application falls falls to proceed proceed planned RilEk of 3 5-142000) 48 weeks Regular milacommunicator (42000) weeks Communica | meetings cation or cation Rulek with the stan Ineffective FLEK staff and management (Manager proper between the ment Rulek) communicati PM and clients ation wim clients exists team because members 3 project le and newer for the understand team dor listening other Ideas deas help to to remove communicati ation onflict. CAP 50% O -0 + 23:45 19-03-2023| risk assig 2 - WordPad -O X Home View + Ruler Word wrap Status bar + Measurement units - Zoom Zoom 100 in out Zoom Show or hide Settings 11213 1 4 15 1 617 18 9 10 11 12 13 14 15 16 1718 heat map RISK MANAGEMENT HEAT MAP Threats Opportunities Almost Almost Certain HIGH IGH HIGH TRY HIGH VERY HIGH VERY HIGH VERY HIGH HIGH HIGH 80-99% $0-99 Likely MODERATE MODERATE HIGH HIGH VERY HIGH HIGH HIGH GO-79% MODERATE MODERATE 40-79% Possible LOW MODERATE MOZ TATE HIGH HIGH MODERATE MODERATE LOW Possible 40-59% 40-597 PROBABILITY PROBABILITY Unlikely LOW LOW 20-39% MODERATE MODERATE MODERATE MODERATE N DERATE MODERATE LOW LOW Unlikely 20.39%% Rare 1-19% VERY LOW LOW LOW LOW MODERATE MODERATE LOW LOW VERY LOW Rare LOW 1-19% Very Low Moderate very High Very High Moderate LOW Very Low -1- -3- -3. -1- IMPACT Heat map shows that probability and Impact of risk ID 1 Is high and it occurs as a threat. Heat map reveals that the threats Impact and probability of risk ID 1 Is high and it requires major focus on rick treatment, so we try to mitigate it by set many trigger points to Identity If the project Is under budget and within the scheduled baseline. The risk Id 3 Is acceptable as Its Impact Is not much high. Rick 10 2 19] References 1. Everitt J. (2022, April 28). What Is a Risk Register in Project Management?. https://www.wrike. com/blog/what-is-a-risk-register-project-management CAP 50% O -0 + D O A 23:45 19-03-2023