Describe the possible risk events for the project

Assignment Help Operation Management
Reference no: EM13736447

Instructions:
Now that you understand the full project lifecycle and how all the pieces fit together, go back and prepare to present your project plan by slide presentation.

Create a slide presentation with speaker notes that will provide a comprehensive

summary of the project plan (20-30 slides with speaker notes). It will be presented to the project sponsor and other members of senior management and should be organized as follows:

Project Plan Overview

Provide an introduction to the project. Develop the project charter and identify the project sponsor and customer. Describe how the project will be measured for success. Describe the components of the project plan, how it will be used throughout the project, and its benefit to the sponsor.

Project Scope

Describe the scope of the project-the major deliverables as well as the items that are not part of the scope. Be sure to address the full scope, not just the area addressed in the earlier activity. Describe how scope will be approved and how changes to the scope will be documented, reviewed, and approved.

Project Leadership and Communications

Identify the sponsor, stakeholders, and key customers involved in the project. Describe any special considerations for staffing the project. Based on the structure of the organization, describe how staffing changes will be identified, escalated, and resolved. Illustrate the communication structure-escalation, reviews, approval, and information. Be sure to address all the audiences, not just the ones identified in the earlier activity.

Project Schedule

Use a work breakdown structure or similar tool to explain the major activities to be completed as part of the project. Describe the major milestones for the project. For each milestone, identify the associated deliverable, the approximate effort involved in creating the deliverable, and the people involved. For two of the milestones, detail the activities to be completed to achieve the milestone. Be sure to address dependencies, duration, and resource effort. Describe how changes to the schedule will be identified, escalated, and resolved.

Project Budget

Describe the budgeting process that will be used for the project. Identify the components of the budget, the items that will need to have costs associated with them, and the mechanisms that could be used to estimate the project.

Describe how changes to the budget will be identified, escalated, and resolved.

Project Risks

Describe the possible risk events for the project. Identify the high probability, high-impact risk events. For each of those risk events, identify the possible actions to mitigate the risk. Describe how changes to the risk management plan will be identified, reviewed, and approved.

Project Metrics

Describe the metrics that will be captured throughout the project for schedule, budget, utilization, and status components. Describe the frequency with which the metrics will be captured and how the resulting analysis will be applied and communicated.

Potential Barriers to Success

Describe what may adversely affect the project's ability to succeed. Consider the amount of change, attitudes toward project management, cultural differences, different priorities by business unit, etc.

Actions for Success

What can be done to remove/reduce the barriers identified?

Reference no: EM13736447

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