Discuss the methods you will use to control the risk

Assignment Help Operation Management
Reference no: EM131953850

Assignment Description

Your fellow project managers provided you with their thoughts on your tool selection during your weekly working lunch meeting.

You have considered them and have developed your schedule, budget, and methods for monitoring and controlling those areas.

You must now complete the Project Executing and Project Monitoring and Controlling sections of the Project Management Plan.

Update your existing Project Charter/Project Management Plan template to reflect the following:

Performing quality assurance: Discuss the tools and techniques, such as quality audits, quality management tools, and process analyses, you will use to perform quality assurance for your project.

Managing the project team: Determine how you will manage the project team, including handling conflict and providing motivation.

Conducting procurements: Discuss any of the items you need to purchase for your project and the types of vendors, contractors, and suppliers you will encounter.

Controlling costs: Determine the methods, such as earned value management, forecasting, to-complete performance indices, project management software, and reserve analyses, you will use to ensure costs are controlled within the project.

Controlling risks: Discuss the methods you will use to control the risks in the project. These methods can include risk reassessment, risk audits, variance analysis, reserve analysis, meetings, and technical performance measurement.

Managing stakeholder engagement: Using the list of stakeholders defined in Unit 1, discuss how you will manage the engagement level of the stakeholders.

Reference no: EM131953850

Questions Cloud

Analyzing the current situation of a company : Determine the technique to be used, the target population of study, the sample and how you would reach them - analyzing the current situation of a company
Write a three page response to the movie moonlig : Write a 2-3 page response to the movie Moonlig, with a short summary followed by a discussion of one or two issues in the movie which is/are of interest to you.
Provide a substantive contribution in a meaningful way : Provide a substantive contribution that advances the discussion in a meaningful way by identifying strengths of the posting, challenging assumptions.
Regarding the theories of public policy : Regarding the Theories of Public Policy, which one do you think best describes policy making in today's political environment? Explain your answer.
Discuss the methods you will use to control the risk : Discuss any of the items you need to purchase for your project and the types of vendors, contractors, and suppliers you will encounter.
Write response for black feminism-legacies and new direction : Write a 3 page response for Black Feminism: Legacies and New Directions, read the interview first then write a response.
Comparative advantage in the production of coconuts : Who has an absolute advantage in the production of coconuts? Who has a comparative advantage in the production of coconuts?
Research the two alternative presentation applications : Research the two alternative presentation applications that you chose, and compare them to the features and functionality of Microsoft PowerPoint.
Discuss your understanding of academic integrity : Discuss your understanding of academic integrity on a college campus, what you have learned and how you will avoid situations like this in the future.

Reviews

Write a Review

Operation Management Questions & Answers

  Hawthorne effect states

Hawthorne effect states that:

  Groupthink and makes a high quality decision

What steps could you take in the decision-making process to be sure that your group does not fall prey to "groupthink" and makes a high quality decision?

  Discuss specific ways the protestant reformation affected

Discuss specific ways the Protestant Reformation affected the English New World. Identify individuals who were key players in the Protestant Reformation and their effects on the New World. Identify key events in the Protestant Reformation that influe..

  Determine manager ethical behavior

Identify the factors that determine a manager's ethical behavior

  Currently revisiting their affirmative action policies

Major universities are currently revisiting their affirmative action policies. Discuss the pros and cons of these policies.

  Write down some human impacts on the natural cycling

1 what are some human impacts on the natural cycling process of ecosystems in your community?2 identify a natural

  What kinds of costs are associated with poor

What kinds of costs are associated with poor or ineffective business communications? Define and discuss Lewin's Process Model. Discuss how a manager can use this model to introduce change. List and define individual sources of resistance to change. W..

  View of the social responsibility of business

Identify the key criticisms leveled by Arrow and Calkins & Wight against Friedman’s position as represented by his NY Times article. Identify the criticism that seems to you to be the most telling against Friedman. Can you defend Friedman against tha..

  Effective communication lead to effective organization

You have completed an analysis on a company that is experiencing low morale, high turnover rates, and overall employee discontent. As an external change agent, you have seen this pattern before in previous organizations, where managers make decisions..

  Maintain high level of visibility-search engine results page

Why is it important that businesses maintain a high level of visibility on search engine results pages? Explain the differences between Web directories, crawler search engines, and hybrid search engines.

  Strategy passes the three tests of a winning strategy

Elements of ebay's strategy have evolved in meaningful ways since the company's founding in 1995. After reviewing all the links at the company's investor relations site, which can be found at investor.ebayinc.com, prepare a one-to two-page report tha..

  Writing personal services contract

Writing a Personal Services Contract-A contract is simply an agreement that specifies the rights and responsibilities of the signatories.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd