Reference no: EM132512018 , Length: 2 pages
Project Risk Management
Assignment: Risk Management Plan
Q1. Research and study a "Case Study on how Revlon failed to implement the SAP/ERP program".
Q2. Compile a short summary (not more than half a page) of this case study as the Introduction of your assignment. - include your reference. (8)
Q3. Identify 16 risks (step 2) that you as a team believe caused/ contributed to the failure of this project. (8)
NB: (brainstorm and think out of the box, not every risk will be from the case study)
Q4. Give a full description of the risks - meaning explain each risk in detail. (16)
Q5. Categorize your identified risks into 8 different categories - Use the STEEPCOIL from your slides as a guide. (8)
Q6. Decide as a team which Quantitative risk matrix you will use. (4)
Q7. Follow the risk management process from STEP 3 - 5 to complete the risk management plan. (32)
Q8. NB: You must structure you work as if you'll be submitting a complete Risk Management Plan to the Management of Revlon i.e. be creative on the look of your final Plan. Use any method for reporting your work, e.g. tables, pictures etc. (7)
• You also want the current team to see where they may have went wrong by identifying risks that they could've overlooked.
• Your Risk Management Plan must assist and guide them well, should they attempt to implement the same project again.
Q9. Conclusion
Write a conclusion discussing your findings from the risk management process your team conducted, providing the Revlon Management Team with suggestions on how to approach this matter in future. Where did they go wrong and strategies to do things better etc. (7)
Attachment:- Project Risk Management.rar