Assignment 4: Project Progress
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Assignment 4: Project Progress
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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