Implementing Risk Management

Anonymous
timer Asked: Feb 5th, 2018
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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 six to eight (6-8) 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.

Tutor Answer

Francis N
School: Rice University

Attached.

Running head: IMPLEMENTING RISK MANAGEMENT

Implementing Risk Management
Institution Affiliation:
Date:

1

IMPLEMENTING RISK MANAGEMENT

2

Telstra is a technology and telecommunication company in Australia. It serves the global
market with various products ranging from telecommunication services, broadband services,
mobile network services and cloud services among others. Their services are felt in more than
twenty countries in the world today. In 2015, the company embarked on improving their services
through certifying their employees. The project main aim is to improve their employee
performance as well as their services to their customers. This paper evaluates a case of Telstra
project management to train their GPS division for better services to their customers.
The case focuses on improving the project management certifications capability
considering the Telstra. Telstra is a technology-based organization dealing with
telecommunication services. The company aims at connecting the whole world in future. They
believe that creating more connection will increase the opportunities for the people to succeed in
their businesses. Telstra aims at pressing on delivering world-class services. This made them
improve their project management team, formalizing their career path and creating a professional
development plan. These are the key aspect of organizational success. The main products the
company offers to its customers include the network services, collaboration techniques, unified
communication and the cloud services. These services are extended to customers across the
globe.
Telstra’s problems include an unclear and inconsistent definition of the project
management roles. The company needs to improve their confidence in its customer using the
right certification model in the process. The company will achieve this by following formal
procedures of certification. There is a need for the improvement in Telstra to improve their talent
management, establish a continuous training and establish an effective transfer of knowledge.
The three areas that need improvement help in enhancing talents in the organization.

IMPLEMENTING RISK MANAGEMENT

3

In 2015, the company started certifying above four hundred GPS project managers. The
program involved PMI. The company needs core qualification and understanding on the way to
run the project. They want to better project management t...

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Anonymous
Thanks, good work

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