Description
Previously in the course, you were asked to think of a project you have been involved with at your place of employment. Think of that same project, imagine that you have been appointed the project manager, and complete the following:
Identify some of the positive and negative risks associated with this project, and then rank these risks based on their level of priorities. Discuss how each of these risks can affect the project team. Using the key processes of project risk management, propose risk-response plans to the identified risks, and identify how each team member can play a role in these plans.
Explanation & Answer
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Running head: PROJECT MANAGEMENT
Project Management
Student’s Name
Institutional Affiliation
1
PROJECT MANAGEMENT
2
Project Management
Introduction
If I were appointed as the project manager for the previous project that I had selected,
there are several things that I would do to ensure its success. The project involved the
implementation of an enterprise resource planning system within an organization. As earlier
mentioned, an ERP system allows a company to easily integrate various functional departments
thereby improving the effectiveness and efficiency of the operations that are undertaken. In the
implementation of the new system, it is imperative to ensure that all the detailed activities in
relation to the system are undertaken as planned. This ensures that the budget is not exceeded
while at the same time guaranteeing that the project is completed within the scheduled time
frame. This essay aims to assess some of the risks and uncertainties that may be associated with...
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