This week, we learned about risk management. Now let’s apply our learning to an example. Suppose you are the project manager of a team of software specialists working on a project to produce a piece of application software in the field of accounting. Identify some items that might go wrong during this type of project (i.e., what are some of the risks in this project), and discuss how you, as the PM, would assess and respond to such project risks.
Is this your assignment or some part of it?
We can do it for you! Click to Order!
Related posts:
- Project Risk, Communication and Documentation – Discussion 2 Project Communication
- Define risk management, the components of a risk management program, and how the risk management process can reduce organizational risk.
- present a Risk Management and Quality Improvement staff training session based on your organization through a PowerPoint® presentation. Display your project plan for implementing needed changes in the organizations risk management processes. The 25-slide presentation should include the applicable content learned throughout this course. Provide your PowerPoint® speaker notes and references for review.
- List and discuss the major risk management functions from a project management perspective for the eCommerce project
- The Four Metaparadigms: Identification, discussion, and documentation from the literature of your perspective on the basic four metaparadigms/concepts of patient, nurse, health, and environment.
- The Importance of Time Management and Documentation in the role of nursing student and RN Paper details
- Environmental Justice: Exploring risk assessment and risk management, and what governments can do to prevent potential environmental health issues Custom Paper
- Interactional process and component of communication factor facilitating communication as well as barriers to effective communication
- Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and the communication plan. Identify key trends, assumptions, and risks in the context of your final business model. Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOT analysis and supply chain analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives: Shareholder Value or Financial Perspective, which includes strategic objectives in areas such as: Market share Revenues and costs Profitability Competitive position Customer Value Perspective, which includes strategic objectives in areas such as: Customer retention or turnover Customer satisfaction Customer value Process or Internal Operations Perspective, which includes strategic objectives in areas such as: Measure of process performance Productivity or productivity improvement Operations metrics Impact of change on the organization Learning and Growth (Employee) Perspective, which includes strategic objectives in areas such as: Employee satisfaction Employee turnover or retention Level of organizational capability Nature of organizational culture or climate Technological innovation Evaluate potential alternatives to the issues and/or opportunities identified in the SWOT Analysis paper and table you completed in Week 3. Create at least three strategic objectives for each of the four balanced scorecard areas. Base your solutions on a ranking of alternative solutions that includes the following: Identify potential risks and mitigation plans Analyze a stakeholder and include mitigation and contingency strategies. Incorporate ethical implications Develop a metric and target for each strategic objective using a balanced scorecard format. Example: a strategic objective in the shareholder or financial perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share." The target is the specific number to be achieved in a particular time period. The target for the metric of "Increase market share" could be "Increase market share by 2% for each of the next 3 years" of an increase of 2% per year for 3 years.) Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following: Define the purpose. Define the audience. Identify the channel(s) of communication and why you selected that channel. Format paper consistent with APA guidelines. Attachments Screen Shot 2016-04-05 at 9.17.03 PM.png Screen Shot 2016-04-05 at 9.17.08 PM.png
- List three important items that belong within a project management plan, and the importance of breaking the project into phases. Please comment on the importance of obtaining sponsorship approval when concluding each phase of the project