Question
This is Group Assignment #2. Use your project and WBS from your first Group Assignment #1, after addressing all comments provided to you in
This is Group Assignment #2. Use your project and WBS from your first Group Assignment #1, after addressing all comments provided to you in the returned and marked assignment. You will be required to provide the following: a. Network Information Chart (NIC), that identifies the components of the project, the duration for each component and the flow of work. See Table 6.1 pg. 175. b. Project Network Diagram (AON), From the NIC table, create a complete AON, See Figure 6.8, page 181 which will graphically display the project, start/end dates and identify the Critical Path of the project. Both the Forward and Backward pass will be required to calculate slack and identify the Critical Path. c. Risk Assessment, based on your knowledge and that of your peers, you will need to complete a Risk Assessment form (Figure 7.6 page 221. Be prepared to identify 4 risks to the project. For the sake of this exercise it is necessary to include 4 distinct risks and how you will manage each using a single strategy, but you must use the 4 following strategies-- Mitigation, Avoidance, Transfer and Retain - one for each risk. Develop a Risk Response Matrix Figure 7.8 page 227, where you detail the action plan to deal with anticipated risks. the d. Recommendation to Management, based on the information provided in your Network Diagram you are now able to make a recommendation to management on whether this project can be completed in the requested timeframe. Provide your Recommendation to Management on capability to proceed. Note that this is not simply a one-line statement! You are expected to sell Management on the ability to proceed based on your expertise, the risks involved, your scope document etc. Make it a convincing argument.
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