Describe a positive and negative risk event-consequences

Assignment Help Operation Management

Reference no: EM13783721

Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for a company that integrates custom data solutions for large corporate enterprises. This project will span two or three years and will cost tens of millions of dollars. This is a large, very involved project. Which of the five organization structures is most suitable? Why?

A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is planning to roll out faster data-mining software that will reduce the time to sift through customers' data by a fraction of the present time.

Part 1: List and discuss the major risk management functions from a project management perspective for the data-mining software project.

Part 2: Describe a positive and negative risk event, the consequences, and the risk-response plans for the data-mining software project.

Reference no: EM13783721

Questions Cloud

What is the interest rate in the korean market : Suppose that a US interest rate is 4% and the forward rate for the Korean won is 1 won = $0.001 and the spot rate is 1 won = $0.0011. What is the interest rate in the Korean market? (Assume that the US is home and the interest rate parity holds.)

Planning a large party : You are reaching the end of your graduate school program and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. o ensure you have a clear scope for your team, create a 2-le..

Using the gordon growth model : Using the Gordon growth model, explain why the 2001 terrorist attacks and the Enron financial scandal caused stock prices to decline

Hotel setting-check out time for the guest : At a hotel setting, the check out time for the guest was: Analyze and find the trend of each control chart; Determine success or failure

Describe a positive and negative risk event-consequences : A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. Describe a positive and negative risk event, the consequences, and the risk-respon..

How much will the investor receive at maturity : How much will the investor receive at maturity? A) $30,000 B) $60,000 C) $1800 D) $20,000

Which of the five organization structures is most suitable : Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for a company that integrates custom data solutions for large corporate enterprises. This project will span two o..

Difference in deliberate strategies and emergent strategies : What is the difference between deliberate strategies and emergent strategies? How does the emergent strategy help with a future strategic planning process? What are the potential consequences of ignoring emergent strategies?

Defense attorneys and avoiding tyranny : Defense Attorneys and Avoiding Tyranny The founding fathers crafted a purposeful tension between each branch of government and between the powers exercised by the state and federal systems. The American criminal justice system is a continuation of th..

User Account

All Pages