BUS 519 (Project Risk Management)
Complete Class
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BUS 519 (Project Risk Management) Complete
Class
BUS 519 Assignment 1: Assess Organizational
Readiness ( EQI in SIWA )
Due Week 3 and worth 200 points
Note: The assignments are a series of papers that are based on the
same case, which is located in the Student Center of the course shell. The
assignments are dependent upon one another.Â
Review the assigned case study and complete this assignment.
Write a five to seven (5-7) page paper in which you:
1. Analyze how the Critical Success Factors
(CSFs) apply to the facts of the case study. Provide examples to support your
analysis.
2. Determine the project benefits, organizational
readiness, and risk culture of the company in the case study. Provide
justification for your response.
3. Develop at least three (3) project risk
recommendations based on the analysis from criteria number 1 and 2 of this
assignment.
4. 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, Hillson & Simon text).
5. Use at least four (4) quality resources in
this assignment. Note: Wikipedia and similar Websites do not qualify as quality
resources.
Your assignment must follow these formatting requirements:
·
Be typed, double
spaced, using Times New Roman font (size 12), with one-inch margins on all
sides.
·
Include a cover page
containing the title of the assignment, the student’s name, the professor’s
name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
·
Analyze the critical
success factors (CSFs), project benefits, and organizational readiness and risk
culture of the company.
·
Apply the results of
this analysis to the development of project risk recommendations.
·
Use technology and
information resources to research issues in project risk management
·
Write clearly and
concisely about project risk management using proper writing mechanics.
BUS 519 Assignment 2: Risk Management Plan (
EQI in SIWA )
Due Week 4 and worth 240 points
Note: The assignments are a series of papers that are based on the
same case, which is located in the Student Center of the course shell. The
assignments are dependent upon one another.
In this assignment, you will create a risk management plan. You
have a budget of $100,000 and a timeline of six (6) months for the plan. Please
refer to Figure A-1, Risk Management Plan Template, from Appendix A of the
Hillson and Simon text to create the plan.
Write an eight to ten (8-10) page Risk Management Plan Component
paper in which you:
1. 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.
2. Determine the project size, based on the facts
presented in the case study, and provide justification based on Figure 3-4,
Example Project Sizing Tool (Chapter 3 of the Hillson and Simon text).
3. 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 selection.
4. Develop the Risk Reviews and Reporting section
of the Risk Management Plan based on the project size previously determined.
5. Define the Probability and Impacts section of
the Risk Management Plan and justify the values assigned.
6. Define the Risk Thresholds section of the Risk
Management Plan and justify the values assigned.
Your assignment must follow these formatting requirements:
·
Be typed, double
spaced, using Times New Roman font (size 12), with one-inch margins on all
sides.
·
Include a cover page
containing the title of the assignment, the student’s name, the professor’s
name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
·
Apply the concepts of
risk management in a project context to develop an appropriate risk management
plan as a key element of the project management process.
·
Survey the project
sponsor, stakeholders, team membership and key decision influencers to develop
a qualitative assessment of the project risks and apply the results to further
refine the project risk management plan.
·
Create a schedule of
project risk reviews appropriate to the organization and risk including major,
minor, and post-project threats and opportunities, including archiving the
results of the project risk plan is incorporated into this schedule.
·
Use technology and
information resources to research issues in project risk management
·
Write clearly and
concisely about project risk management using proper writing mechanics.
BUS 519 Assignment 3: Risk Workshop and Risk
Register ( EQI in SIWA )
Due Week 6 and worth 240 points
Note: The assignments are a series of papers that are based on the
same case, which is located in the Student Center of the course shell. The
assignments are dependent upon one another.
Write an eight to ten (8-10) Risk Workshop and Risk Register
Component paper in which you:
1. Identify the required pre-workshop activities.
2. Prepare a risk workshop agenda based on Figure
B-8, Sample Agenda for a First Risk Assessment / Two – Day Risk Workshop
(Appendix B of the Hillson and Simon text). Include suggested time intervals
for each activity and justify why each agenda item is relevant for this case.
3. Determine the top five (5) threats in a risk
register following Figure B-11, Sample Simplified Risk Register Format
(Appendix B of the Hillson and Simon text). Include information from the case
for each threat.
4. Justify the assignment of probability and
impacts for each threat identified in criterion number 3 of this assignment.
5. Document the top three (3) opportunities in a
risk register following Figure B-11, Sample Simplified Risk Register Format
(Appendix B of the Hillson and Simon text). Include information from the case
for each opportunity.
6. Justify the assignment of probability and
impacts for each opportunity identified in criterion number 5 of this
assignment.Â
7. Use at least two (2) quality resources in this
assignment. Note: Wikipedia and similar Websites do not qualify as quality
resources.
Your assignment must follow these formatting requirements:
·
Be typed, double
spaced, using Times New Roman font (size 12), with one-inch margins on all
sides.
·
Include a cover page
containing the title of the assignment, the student’s name, the professor’s
name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
·
Assess and prioritize
risks to the project through an analysis of the active threats and
opportunities presented.
·
Apply the Active
Threats and Opportunities Management (ATOM) process to ensure a consistent,
measurable result of this analysis.
·
Use technology and
information resources to research issues in project risk management
·
Write clearly and
concisely about project rik management using proper writing mechanics.
BUS 519 Assignment 4: Project Progress ( EQI
in SIWA )
Due Week 9 and worth 200 points
Note: The assignments are a series of papers that are based on the
same case, which is located in the Student Center of the course shell. The
assignments are dependent upon 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.
1.
The top-two (2)
threats have occurred.
2.
The top opportunity
has been realized.
3.
The project’s risk
budget is already exhausted.
4.
The risk management
schedule has been shortened by two (2) months.
Write a five to seven (5-7) page paper in which you:
1.
Analyze the impact of
those events on the project.
2.
Determine if any
mitigation activities are required and explain why.
3.
Determine if budget /
schedule changes are necessary and explain why.
4.
Update the risk
register and highlight the changes made. Provide the justification for the
changes.
5.
Use at least four (4)
quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify
as quality resources.
Your assignment must follow these formatting requirements:
·
Be typed, double
spaced, using Times New Roman font (size 12), with one-inch margins on all
sides.
·
Include a cover page
containing the title of the assignment, the student’s name, the professor’s
name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.
The specific course learning outcomes associated with this
assignment are:
·
Given an information requirement
related to project risk management, determine the nature and extent of
information needed to effectively address the topic; efficiently locate,
determine the validity, and critically evaluate the resources; and apply the
information to accomplish the specific purpose (report, case analysis, factual
requirement, problem solving, and planning).
·
Use technology and
information resources to research issues in project risk management.
·
Write clearly and
concisely about project risk management using proper writing mechanics.
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