Project #31808 - Risk Managment

Risk involves uncertainty, the lack of knowledge of future events, and the measures of profitability and consequences of not achieving the project goal. Your organization has decided that to be successful in the global economy it must expand its supply base into China or another country approved by your instructor. This has become a strategic project for the organization.

 

Resource:Figure 11-4 inA Guide to the Project Management Body of Knowledge (PMBOK®Guide)

 

Writea 700- to 1,050-word paper in which you address the following risk management items for this supplier global expansion project:

 

  • Describe the objectives and goals, tools and techniques, and organizational roles and responsibilities for effective risk management for the project.

 

  • Describe various information sources that may be used by the project team for risk identification

 

  • Identify and describe the risk management documentation that will be required for the project. Examples include RMP and risk management log or register.

 

  • Explain the role of risk management in the project planning process

 

Createa risk breakdown structure, which outlines the organization's risk categories. See Figure 11-4 in thePMBOK®Guide. Consider the following categories:

 

  • Project risks
  • Business
  • Contract relationships with customers and suppliers
  • Management
  • Political
  • Organizational risks
  • Project management risks
  • Cost estimates
  • Schedule estimates
  • Communication
  • Technical risks
  • Production risks
  • Manufacturing concerns
  • Logistics
  • Support risks
  • Maintainability
  • Warranty
  • External risks
  • Procurement
  • Material availability
  • Lead times
  • Quality
  • Market

Formatyour paper consistent with APA guidelines.

Clickthe Assignment Files tab to submit your assignment.

Subject Business
Due By (Pacific Time) 05/26/2014 11:59 pm
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy