Project Management Paper

Aug 13th, 2014
RockCafe
Category:
Business & Finance
Price: $40 USD

Question description

Select an organization you are familiar with as the basis of the paper.

Read the following scenario for the selected organization:

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 in A Guide to the Project Management Body of Knowledge (PMBOK® Guide)

Write a 1,400- to 2,100-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.

Create a risk breakdown structure, which outlines the organization's risk categories. See Figure 11-4 in the PMBOK®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 
    • Maintainabilit
    • Warranty
  •  External risks 
    • Procurement 
      • Material availability
      • Lead times
      • Quality 
  • Market
Format your paper consistent with APA guidelines.

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UC Berkeley
PREMIUM TUTOR

Studypool has helped 1,244,100 students

3 Reviews


Summary
Quality
Communication
On Time
Value
BlueOcean
Nov 17th, 2016
" Awesome! Exactly what I wanted. "
ashleyisgod
Oct 26th, 2016
" Top quality work from this guy! I'll be back! "
Molly_Moon
Oct 3rd, 2016
" AMAZING as always! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1831 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors