Strayer BUS519 Project Risk Management Plan

BUS519 Project Risk Management

Assess Organizational Readiness

The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. Review the assigned case study and complete this assignment.

Write a 4–6

page paper in which you:

Analyze how the critical success factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis.

Determine the project benefits, organizational readiness, and risk culture of the company in the case study. Provide justification for your response.

Develop at least three project risk recommendations based on your analysis.

Identify the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist (Figure A-2, in Practical Project Risk Management).

Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Assess the critical success factors (CSFs), project benefits, organizational readiness, and risk culture of a company to inform the development of project risk recommendations.

 

BUS519 Project Risk Management

Risk Management Plan

Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. In this assignment, you will create a risk management plan. You have a budget of $100,000 and a timeline of six months for the plan. Please refer to the Risk Management Plan Template (Figure A-1 in Practical Project Risk Management) to create the plan.

Write an 8–10 page paper in which you:

Prepare the scope and objectives of the Risk Management Process section of the Risk Management Plan, based on the facts presented in the case study.

Determine the project size, based on the facts presented in the case study, and provide justification based on the Example Project Sizing Tool (Figure 3-4 in Practical Project Risk Management).

Select the risk tools and techniques, and complete the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Provide a rationale for the selections.

Develop the Risk Reviews and Reporting section of the Risk Management Plan, based on the project size previously determined.

Define the Probability and Impacts section of the Risk Management Plan, and justify the values assigned.

Define the Risk Thresholds section of the Risk Management Plan, and justify the values assigned.

Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Create a risk management plan that includes justification to support your rationale.

 

BUS519 Project Risk Management

Risk Workshop and Risk Register

Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another.

Write an 8–10 page paper in which you:

Identify the required pre-workshop activities.

Prepare a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two-Day Risk Workshop (Figure B-8 in Practical Project Risk Management). Include suggested time intervals for each activity and justify why each agenda item is relevant for this case.

Determine the top five threats in a risk register following the Sample Simplified Risk Register Format (Figure B-11 in Practical Project Risk Management). Include information from the case for each threat.

Justify the assignment of probability and impacts for each threat identified.

Document the top three opportunities in a risk register following the Sample Simplified Risk Register Format (Figure B-11 in Practical Project Risk Management). Include information from the case for each opportunity.

Justify the assignment of probability and impacts for each opportunity identified.

Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Create a risk register that assesses the probability of impacts for threats and opportunities and is informed by a risk workshop.

 

BUS519 Project Risk Management

PROJECT PROGRESS

Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. During the project life cycle, project risk reviews and reports are required, as previously identified in the risk management plan. Two months after the project started, the following events have taken place:

The top two threats have occurred.

The top opportunity has been realized.

The project’s risk budget is already exhausted.

The risk management schedule has been shortened by two months.

Write a 4–6 page paper in which you:

Analyze the impact of the events on the project.

Determine if any mitigation activities are required, and explain why.

Determine if budget or schedule changes are necessary, and explain why.

Update the risk register and highlight the changes made. Provide the justification for the changes.

Use at least four quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

Assess the impact of events on the project’s progress in order to determine an appropriate risk response plan.