Implementing Risk Management, engineering homework help
Anonymous

Question Description

Choose a project from the following Website: http://www.pmi.org/Business-Solutions/OPM3-Case-Study-Library.aspx

Your emphasis should relate to deploying network security appliances, using biometric technologies for network and physical security, managing organizational risk, or planning for disruptions. Note: You will need to conduct further research on the above selected topic using the Internet as a resource in order to address all of the questions / statements.

Write a four to five (4-5) page paper in which you:

  1. Summarize the selected project and describe the primary failures of traditional project risk management.
  2. Describe the levels of uncertainty and complexity for the project.
  3. Determine what the project manager should communicate to the customers about the project unknowns.
  4. Relating to the selected project, identify and discuss the risk identification for selectionism and learning.
  5. Discuss the contingency planning approach and the management challenges of informing stakeholders.
  6. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

Final Answer

Running head: RISK MANAGEMENT

1

Heathrow Airport Terminal 1project
Name
Institution Affiliation

RISK MANAGEMENT

2

Heathrow Airport Terminal 1project
Summary of the Heathrow Airport Terminal 1project and description of the primary failures of
traditional project risk management.
BAA Airport is tasked in the renovation of Terminal 1 which is a forty years old
construction within the airport and the busiest international airport in the globe. The project of
the refurbishment of the terminal one is aimed at the movement of a section of the star alliance
who are transferring their manoeuvres from terminal 3 and 2 to final one. David Buisson will
lead the project since he has the certification of a project manager for many years and in the
same time he has managed more complex and thought-provoking project in the past times
(Hopkins, 2014).
The primary failures of the traditional project risk management are triggered by the
wrong level of leadership, failures of setting expectations, inaccurate cost estimation and at the
same time inadequately trained project managers. Therefore, for any project to be a success,
there is need of mitigating the above the above risk in future.
The levels of uncertainty and complexity for the project includes the following. During
the renovation of the terminal, there was the resolving of a large challenging problems which
include...

EinsteintheProf (20280)
Duke University

Anonymous
Thanks for the help.

Anonymous
Outstanding. Studypool always delivers quality work.

Anonymous
Tutor was very helpful and took the time to explain concepts to me. Very responsive, managed to get replies within the hour.

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