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Walton Horse Trials organises equestrian events where horse riders compete against other horse riders across the three disciplines of dressage, cross-country, and show jumping. It
Walton Horse Trials organises equestrian events where horse riders compete against other horse riders across the three disciplines of dressage, cross-country, and show jumping. It is developing new competitions which its hopes will attract more amateur horse riders to compete in horse trials. You are the project manager responsible for organising and then running the first of these new competitions. The new competitions require the use of innovative video technology to support the judges in their scoring of competitors' performances in each of the three disciplines. The project relies both on the expertise of members of the project team based in the UK and on the installation and maintenance of the video technology for the competitions which has been subcontracted to a company based in China. a) Outline three separate and significant project risks and one business risk associated with the above scenario. These risks should be specific to this project and not just general risks like the project being late or over budget. Use these to illustrate the difference between a business risk and a project risk. (6 marks) b) Outline an appropriate strategy to manage each of the three project risks you have identified in (a) and state which type of risk management strategy it is. (9 marks) c) Use the project described above to illustrate one approach to project estimation that has been described in the module. The method chosen should be appropriate for this project. What additional risks would be introduced by your chosen method of estimation? (6 marks) d) Halfway through the project, you discover that personnel from China who will be installing the video equipment have been denied entry visas. This previously unidentified risk is likely to impact the cost and timescale of the project. ldentify two possible actions you should take on discovering the problem. (4 marks) e) Routine project monitoring has shown that the project is now running several weeks late. Suggest two strategies you could adopt to help bring the project back on track and explain the implications of these strategies for the project. (6 marks)
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