Project plans outline the intended course of events;
however, things don’t always happen as intended. Organizations must consider
risks and develop a contingency plan. This plan is typically presented to
management.
Based on your prior research, identify potential risk
factors for not meeting each of the project objectives. Risk mitigation is the
process of understanding certain risks and threats, accepting that they exist,
and taking the appropriate measures to reduce their effects in case they
happen.
Develop a contingency
plan for the potential risks for your project.
Create a 10- to
12-slide presentation with detailed speaker notes and visuals in which you:
Identify the organization’s
information presented in Week 1.
Explain how the SWOT analysis and
market trend research relate to how you determined the project you
selected.
Explain how the project
objectives will advance the organizational goals.
Assess how success will be
measured, including project metrics, timelines, and responsible parties.
Evaluate the value this project
will bring to the organization.
List each of the potential risk
factors along with the immediate risk mitigation plan.
Develop a contingency plan for
each of the potential risk factors for not meeting each of the project
objectives.
*** See the slide-by-slide outline in
the APPLY assignment Help Center for Week 5 if need help in starting and
organizing your Summary Presentation *** Note: If you have not been using the
Help section each week, you need to open each prior week’s information before
you can see the current week. Open all previous documents and then you will be
able to access the guidance content for Week 5.
Note: If needed,
review your chosen organization in the Case Studies folder on the main course
page in Blackboard.
See if these steps help to simplify
what you need to do…
Take each bullet in the Week 5
assignment instructions to create a slide (or multiple slides) for each one.
Use summary points
(bullet points) on each slide to summarize your information.
Include more detailed notes in
the Speaker Notes section of the PowerPoint presentation.
More details…
Overall, the Week 5 Apply assignment
is mainly a summary presentation of all the work you have been
doing in previous weeks, so there is some redundancy but only in the sense you
are now taking all the information you already put together, any new
information you have picked up since you submitted your previous papers
and compiling it all into a summary presentation. Think of it in
terms of presenting all your information to the Executive Team at the company
or if were in a physical class and you were giving all of us a read-out of all
your work.
Here is the breakdown of all
the slide topics (from the assignment topics) See my clarifying
comments in blue:
Identify the organization’s
information presented in Wk 1. This comes
from your Week 1 paper.
Synthesize the SWOT analysis and
market trend research. This is a summary
of your Week 2 findings. Include a summary of your SWOT findings with any
appropriate edits.
Explain how the project
objectives will advance the organizational goals. This is from your Week 3 paper (the Balanced
Scorecard). Based on what you identified in your balanced scorecard, how
will the objectives you identified help the company make progress?
Assess how success will be
measured. This is information based on
your balanced scorecard.
Evaluate the value this project
will bring to the organization. Pull this
information from your Week 4 paper as part of the justification for your
Project Plan.
Identify project metrics,
timelines, and responsible parties. This
comes from your Week 4 Project Plan.
Develop a contingency plan for
each of the potential risk factors for not meeting each of the project
objectives. This is brand new
information. Based on research what are the likely risks to your project
objectives (Week 4). What contingencies should the company have in case
problems occur with what you established in your Project Plan.
Again, the idea is to now
pull together all the weekly pieces into one cohesive strategic plan that you
are presenting to the company plus add new information for the risks and
contingencies.
Does this help? Let me
know and what additional questions you have by messaging me directly.
