IMPORTANT: Please follow the intructions and do NOT use ANY plagiarism, please upload a
plagiarism report with the files.
Write around 200 words for part 1 and 200 words for part 2, thank you.
Please use the textbook if needed: https://read.amazon.com/sample/B00TRF2OGW?f=1&r=b1b82c5c&sid=147-8543008-5339441&rid=&cid=A1HIGG3UZTV8GO&clientId=kfw&l=en_US&asin=B00TRF2OGW&revisionId=b1b82c5c&format=1&depth=1
PART 1: Defining Deliverables and Activity
Answer/comment on the following:
Discussion #1: How can the way that you define the “deliverables” due in a contract, aid you in reducing risk? Describe a situation where a poor definition of the deliverable caused you problems.
Discussion #2: Why can defining and estimating “activity” be so difficult? Describe a situation where a poor estimate of activity caused you problems.
PART 2: Scope and Schedule Risk
Submit a 200-300 word paper addressing the following:
Document the potential scope and schedule risks associated with the Class Project case study scenario. I recommend a table (Hint: MS Word™ table should work nicely) that has columns for category, risk description, and rationale. A template is provided here for you to use: Moku Liko Risk Identification Template (See template added as a file) Please put your name at the top of the table at the location shown. Note that the Risk # that you assign to each risk will carry on throughout the Class Project assignments.
With regards to the “”Rationale” column in the Risk Identification table, I am looking for a brief description of why you consider the item to be a risk to the project, e.g. what is the possible impact that the item could have on the project, how might it effect other tasks on the project, might the item lead to the need for possible changes to the project in the future. Let’s say that you identified a Schedule risk of “Adequate, properly trained local labor may not be available at project start (Learning curve for local labor force exceeds estimates).” The Rationale might be something like:
Unknown level of current skills and capabilities of local labor.
Specific specialized skills are required for system installation and test.
A training protocol has not yet been defined at the program level.
Inability of local labor to perform technical tasks may require changes to project staffing.
Note that you are not yet being asked to “quantify” these risks in terms of likelihood or impact (that comes in Week 4)…simply identify and describe them.
See added template and picture expample from professor!
PART 3: Submit chosen topic for instructor approval
This week, you will need to submit your proposed Final Research Paper topic for approval. I encourage you to select a risk management topic that is meaningful and supportive of your own endeavors, either personally or professionally. The following example topics are provided to help get your ideas flowing:
1) The Role of Decision-making in Risk Management
2) Bias in Risk Management: The Optimist or the Pessimist
3) Mobile Device Impact on Risk Management
4) Developing a “Risk-Aware” Culture
For the purpose of submitting your topic this week, all that is needed is 1-2 sentences describing the focus of your intended research. The actual research paper should include a description of the topic, its value in helping to successfully execute projects, an examination of how different project roles may apply to the topic, and an analysis of how the technique or approach can be applied to projects in the student’s professional or personal life. Please submit your topic, including a brief description
