BUS 519 Project Risk Management

BUS 519 WEEK 7 DISCUSSION II Evaluate your project management options in terms of schedule, performance, and cost for following scenario. Support your evaluation. An office building construction project is 80% complete in the southern Virginia area, when a major hurricane strikes, and stops progress on the worksite for 10 days while damage is assessed and repairs are completed. The project has a fixed budget and a completion date that cannot be

BUS 519 WEEK 7 DISCUSSION I Planning for Unknowns Please respond to the following Evaluate your project management options in terms of schedule, performance, and cost for the following scenario. Support your evaluation. An office building construction project is 80% complete in the southern Virginia area, when a major hurricane strikes, and stops progress on the worksite for 10 days while damage is assessed and repairs are completed. The pro

BUS 519 WEEK 6 Assignment Risk Workshop and Risk Register 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, S

BUS 519 WEEK 6 DISCUSSION Quantitative Risk Analysis Please respond to the following Review the Monte Carlo Analysis method presented in Chapter 15 of the Hillson and Simon text. Then, determine whether or not you would recommend to a project manager the use of this methodology for a large, complex project. Include an example to support your response. If you would not recommend the use of a method such as Monte Carlo, explain what you would rec

BUS 519 Assignment 2 Risk Management Plan 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

BUS 519 WEEK 4 DISCUSSION Identifying and Mitigating Risks Please respond to the following Imagine you are considering opening a business Share the type of business you would open. Then, create a list of the five (5) most significant risks that you must address prior to making your decision regarding the viability of your venture. Justify the risks.

BUS 519 WEEK 3 Assignment Assess Organizational Readiness 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. 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 s

BUS 519 WEEK 3 DISCUSSION Project Initiation Please respond to the following Using the Stakeholder Analysis Template Appendix B2 in the Hill son and Simon text) for a company that you currently work for or you are familiar with, determine the key stakeholders and categorize them by their attitude, power, and interest dimensions. Explain how stakeholder analysis affects the overall project risk management within an organization. • One of

BUS 519 WEEK 2 DISCUSSION Need for Risk Management Please respond to the following There are four (4) critical success factors that are important for effective risk management: supportive organization; competent people; appropriate methods, tools and techniques; and simple, scalable process. Determine three (3) obstacles for an organization to manage risk effectively. Suggest strategies from the perspective of a project manager to avoid the ob

BUS 519 WEEK 1 Discussion What is Risk Please respond to the following There are three schools of thought regarding risk. The first considers the positive and negative aspects of risk, but sees them as separate. The second group believes that there are benefits from treating threats and opportunities together, while the third school does not label uncertainties, but addresses uncertainty as part of “doing the job.” Argue the value