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PROJ6003 | Project Execution and Control | Information Technology

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Instructions:

This assessment has two parts: a post (Part A) and a Risk Management report (Part B)

Part A: Module 4-5 Discussion Forum

Each student will construct a post in approximately 850 words to the following questions and post on the Module discussion forums by the end of Module 5. Students will be graded individually on how students demonstrate/share theories and contribute to the general discussion of the topic within the group over weeks 7, 8 & 9.

Module 4-5 Topic: Project Status Reporting

Discuss the challenges and pitfalls of different status reports. Explain the difference between the status reports provided for teams, sponsor, and steering committee.

Output:

Module 4-5 discussion - provide a post by the end of Module 5.

Part B: Risk Management

Create a risk management report for the approved/given case study used in Assessment 1. In your report, include:

1. Risk identification and impact assessment

Identify and critically analyse the impact of possible risks for the case study. Record the risks identified in a Risk Register.

Use a risk probability and impact matrix to rate and prioritise the risks.

2. Risk management and reporting

Develop appropriate response strategies to effectively manage identified risks in the case study.

Identify and describe how the stakeholders will be apprised of the project's ongoing risk management activities.

The written portion of your Risk Management Plan should consist of 1000 words/student.

For students’ reference, an example of a Probability and Impact Matrix is illustrated in the PMBOK Guide®.

Output:

Complete and submit Part B by first half of Module 6.
 
Learning Resources:

Heldman, K. (2013). PMP Project Management Professional Exam Study Guide (7th ed.).
Indianapolis, IN: Wiley.

Chapter 6: Risk Planning (Read from ‘Quantifying Risk’ to ‘Summary’)

Chapter 10: Measuring and Controlling Project Performance

Chapter 11: Controlling Work Results (Read the section on ‘Monitoring and Controlling Risk’)

Project Management Institute. (2013). A guide to the project management body of knowledge (PMBOK Guide®) (5th ed.). Newtown Square, Pennsylvania: Project Management Institute.

Section 10.2: Manage Communications

Section 10.3: Control Communications

Section 11.2: Identify Risks

Section 11.3: Perform Qualitative Risk Analysis

Section 11.4: Perform Quantitative Risk Analysis

Section 11.5: Plan Risk Responses

Section 11.6: Control Risks

Section 13.3: Manage Stakeholder Engagement

Section 13.4: Control Stakeholder Engagement

Snyder, C. S. (2013). A project manager’s book of forms: A companion to the PMBOK guide

(2nd ed.). Indianapolis, IN: Wiley.

Contract Close Out template (Word document)

Formal Acceptance Form template (Word document)

Lessons Learned template (Word document)

Probability and Impact Matrix Template (Word document) Risk Register Template (Word document)

Wysocki, R. K. (2012). Effective Project Management: Traditional, Agile, Extreme (6th ed.).
Indianapolis, IN: Wiley.

Chapter 3: Understanding the Project Management Process Groups (Read the

section on ‘Risk Management’)
Chapter 7: How to Monitor and Control a TPM

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