What risks might appear and how can they be mitigated

Assignment Help Project Management

Reference no: EM133315516

Assignment:

1. Select an organization that is familiar to you, maybe somewhere you currently work.

Be sure to add a title and references.

2. Initiating the Project

As the Leader of the project team, you will identify the members and what they bring to the team as far as expertise and skills (including your skills). Identify what motivates each person to be on this team?
Set at least 3 goals for the Project. If it is a current organization, attempt to connect to strategy, values, or mission of the company to the goals of the Project. For most companies, these can be found on their webpage.
Describe the scope of the project with precise deliverables.
Describe in what ways will it help the organization? How? (efficiency/revenue)

3. Planning

Decide the Work Breakdown Structure or the "flow" of the project, welcome to use WBS or just a flow diagram.
Ensure the outline of each element or step involved in the Project.
Be sure to show which steps must come first and which are independent.
Break down each supporting activity into a list of activities.
Create a GANTT chart or other chart to demonstrate these steps...they will help in budget and timeline.

4. Budget

From the list of your elements on the GANTT chart make a decision on your budget for EACH item and demonstrate your needs.
Show the milestones along your timeline and how will you measure success? How will you know if you have enough funds?

5. Monitor and Control

Upon implementation of the project, what risks might appear, and how can they be mitigated?
What will ensure that the project is closed (measure success of implementation)?
Do you anticipate any budget issues, and at what milestone might that happen?

Reference no: EM133315516

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