​Assignment Implementing Risk Management

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yfrgreubirl517

Business Finance

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Assignment Implementing Risk Management

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.

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; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • 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:

  • Analyze the process for diagnosing uncertainty and complexity in projects.
  • Examine the planning process for project contingencies.
  • Use technology and information resources to research issues in managing project risk.
Write clearly and concisely about managing project risk using proper writing mechanics

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Explanation & Answer

Please find the completed workLet me know if you have any concerns. Bye

Running Head: IMPLEMENTING RISK MANAGEMENT

Implementing Risk Management
Name
Instructor’s Name
Institutional Affiliation
Course Code
Date

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IMPLEMENTING RISK MANAGEMENT

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Implementing Risk Management
The case study I chose is Enabling a Customer Centric Experience through Project
Management. The organizations in the case study are du Telecom and Huawei Technologies.
This case study is about how du Telecom and Huawei technologies signed a Memorandum of
Understanding in order to contend with the constant change and long-term uncertainty in the
telecommunications industry. This case study illustrates how the two projects use project,
program and portfolio management in order to register success and improve the customer
experience (Buttle, 2009). Du Technologies worked in collaboration with Huawei in a bid to
ensure that the service provider achieved its customer oriented goals while at the same time
maintaining competitive advantage. Du Technologies was interested in boosting customer
satisfaction, increasing its revenue and market share, reduce its operating costs and increasing
its retention via an improved customer care in a bid to create a strong brand image. The result
of the collaboration was that both companies registered success in reduced project failure and
heightened quality of projects.
Du Telecom started its operations in 2006 in an already saturated market. The
company took advantage of the fast increasing technology in the Arabian Gulf and managed
to acquire a 40% increas...


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