Scenario

You are hired as a Project Manager to implement a new Enterprise Resource Planning (ERP) system with optimization for the needs of Ras University. The current ERP system is only two years old but cannot be configured to meet campus wide needs.

Ras University require an integrated system that can:

• Manage recruitment and track student academic performance.
• Manage campus wide staff and faculty performance, communications and provide analytical tools.
• Maximize financial and human resources.
• Integrate smoothly with other Campus applications and systems.

You will research Enterprise Resource Planning software and develop a project plan that will lead the project team to successful implementation and optimization of the new ERP system. This project will start no later than two months after the approval of the Project Charter and within a budget of $175.000.00.

Instructions

The Project Sponsor Shelby Long and Executive Stakeholders are concerned about risks to the ERP project and asked for you to prepare a detailed risk analysis.

Write up a Risk Analysis Report utilizing Microsoft Word. Please include the following:

• Develop Risk Register identifying 10 negative risks and 10 positive risks.
• Integrate qualitative and quantitative risk analysis techniques to identify methods for evaluating the probability of a risk event. Apply qualitative and quantitative risk analysis techniques to categorize risks. Include a color-coded Risk Matrix.
• Identify the process for risk reviews to be conducted throughout the project life cycle.
• Define the process and tools to be used to determine the quality of data for use in assessing project risk.
• Describe how results data will be collected and reviewed to determine corrective actions.
• Apply cost analysis to explain the cost of a project without a risk management plan.