BUS 519 (PROJECT RISK MANAGEMENT) COMPLETE CLASS
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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