Discussion 12 510

4.1 From a project of your choice, formulate five (5) potential risks associated with the project. 4.2 Develop a risk response matrix for the five (5) risks identified above and outline how you would deal with each risk.

Possible outcomes include a broader application or added capability. Give particular examples to illustrate how the two concepts vary from one another. What do you think the underlying causes of these two issues are? What would happen if these two unfavourable outcomes—the worst-case scenario for this project—occurred simultaneously?

The results might lead to a broader scope or new features. Provide real-world examples to back up your claims about the differences between the two ideas.  In your opinion, what factors contribute to these two problems? What would happen if the worst case scenario for this project had both of these undesirable outcomes occurring simultaneously?

Following mini-case scenarios involve ethical dilemmas associated with projectmanagement. How would you respond to each situation, and why?  Gold Star LAN projectYou work for a large consulting firm and were assigned to the Gold Star LAN project. Work on the projectis nearly completed and your clients at Gold Star appear to be pleased with your performance. Duringthe course of the project, changes in the original scope had to be made to accommodate specific needsof managers at Gold Star. The costs of these changes were documented as well as overhead andsubmitted to the centralized accounting department. They processed the information and submitted achange order bill for your signature. You are surprised to see the bill is 10 percent higher than what yousubmitted. You contact Jim Messina in the accounting office and ask if a mistake has been made. Hecurtly replies that no mistake was made and that management adjusted the bill. He recommends that yousign the document. You talk to another…

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Project managers and leaders have to face various ethical issues every day. Apart from ensuringprofit maximization, project managers and their team members should also fulfill their ethical andcorporate social responsibilities being a good citizen.As a project leader during the COVID-19 pandemic, discuss the key characteristics of an ethicalleader and discuss the ethical challenges he/she may face.

Analyze the following situations. Choose one  situation which you think is less harmful. Explain why it is less harmful.  How can you counter the  harm that it causes?1. (Project A)   Mr Ang plans plans to have a project which  is a factory that would employ 50% of the people in the community but his factory  would  releases harmful chemicals to the sea.2. ( Project B) Mr. Bin  plans to create an amusement park  project to attract people to work on  his place/business so    that the factory would be closed and stop releasing harmful chemicals to the sea. However, Mr. Bin  needs to cut the trees along the place where he has to build his  amusement park but this again would cause harm to the environment. 3. (Project C) Mr. Ching  plans to establish a resort and hotel project so that Mr Bin cannot  cut the trees in order to save nature. However,  by so doing he has to reclaim an area where  mangroves grow  which serves as fish sanctuary.  Question: If you are a lover of nature and a…

Both expanding the project's scope and the addition of unnecessary features are undesirable outcomes. Explain the differences between the two ideas to further engage your readers with your argument. If these two issues stem from the same root, then please elaborate on how you arrived at this conclusion. What type of disaster may be triggered if these two things happened simultaneously while working on this project?

Due to coronavirus COVID-19 pandemic your company decides to close a number of offices in order to reduce costs and environmental impact of commuting. However, the senior management is confused about outsourcing in which services or job functions are assigned out to a third party. What do you think are the possible reasons in which management might not want to outsource? Being a project manager provide convincing reasons to the management about the benefits of outsourcing.

what is the summary of the Ted Radio Hour Is Conflict Good For Progress? and What is Heffernan’s main argument?

Results may enhance project scope or provide new features. Please provide examples to help us distinguish the two concepts. What do you believe causes these two issues? What would happen if these two unfavorable events occurred simultaneously, making this endeavor the worst-case scenario?

Discuss the scope of project risk management. Provide your opinion on how the challenges of Covid-19 affected the scope of project risk management. Analyse the various sources of project risk associated with performance criterion. With regards to the case study, discuss in detail, the possible negative impact of COVID-19 on sources of project risk associated with performance criterion. Describe the execution stage within the context of project stakeholder views on risk needs. Discuss the significance of contingency information in project risk management. Analyse, in detail, the five (5) phases of a disaster recovery plan. Explain how a business could deflect / transfer risk associated with projects.

As we start the second year of COVID-19 Pandemic, company A is considering a management strategy that uses the operational unities to carry out the work, check the efficiency and send information to the senior management. This project management methodology could do all this work and is the way selected by many companies to manage their business-critical aspects. Your task is to explain how the selection of the correct structure by companies will be strategic in the success of the projects managed by them. Make sure that the organizational structure models and configurations should be responsive to the needs of the organization.

Slove the quation: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. The quation is ; Develop a response strategy for one of the negative risks and one of the positive risks. Enter the information in the risk register.

Part I: For this discussion, every student will be emailed a role to play on the board of directors. Read the attached case, "The Panalba Decision." As a member of the board, you must help to reach a decision at today's meeting (in this discussion). The Chairperson of the Board, Dr. UpJohn, has provided the case background information to each board member. Your task is to select one of the five alternatives from the "Panalba Decision" for: (1) The U.S. market; and (2) assuming the FDA does ultimately ban Panala in the U.S., the foreign market (which will not be affected by the ban). You will be assigned a role on UpJohn's Board. Read your role and act as if you were actually in that role. The roles all differ, so do not directly discuss vour role with other board members until you post your discussion when you can then identify who you are. Based on your role, write a 400-500 word argument for the alternative you will choose for (1) the U.S. market, and (2) the foreign market (you can…

What are the project success criteria? What caused the project to succeed/fail – Explain your answer.

Often the normative objective function of the financial manager and social responsibility are incompatible . Social responsibility means giving back to the community and the normative objective function of the financial manager is to maximize shareholder wealth . One issue is that socially responsible projects often have negative net present values.   Do you think the two are compatible ? Explain your answer.

3. What is project management? Briefly describe the project management framework, providing examples of stakeholders, knowledge areas, tools and techniques, and project success factors. 4. What is a program? What is a project portfolio? Discuss the relationship between projects, programs, and portfolio management and the contributions that each makes to enterprise success.

Risk analysis is typically a two-step process: qualitative risk analysis and quantitative risk analysis. As a systems analyst, for which sorts of project management decisions would you use the results from qualitative risk analysis? From the quantitative risk analysis? What is the importance?

Some negative outcomes include adding unnecessary features or expanding the project's scope. Help the listeners understand your point by describing the differences between the two ideas. Please explain how you arrive at the conclusion that the root cause of these two issues is the same. What kind of disaster may be triggered if these two things happened while working on this project?

Extending the project's scope or adding components might also result. Give examples to help us grasp the contrasts between the two notions. What caused these two issues? What would happen if this project's two worst-case scenarios occurred simultaneously?

Do you agree with the following statement: "With proper planning, it is possible to eliminate most/all risks from a project/endeavor?" Why, or why not?

What steps can we take to ensure that communication and visibility are emphasised in project proposals for the benefit of the community and the environment?

Who are Rolls-Royce’s principal project management stakeholders? How would you design stakeholder management strategies to address their concerns?

write a short note on Stakeholder analysis in project implementation and control of the below topic Who are stakeholders?  and identifying the key stakeholders

Examine the critical elements and methodologies involved in developing a robust business case and business charter for project initiation. How do these documents set the foundation for project success, and what role do they play in securing stakeholder buy-in?

Increasing the project's scope or adding unnecessary features are both undesirable outcomes. Help your reader follow your reasoning by outlining the differences between the two ideas. Please elaborate on your reasoning for assuming that the same issue underlies both of these complaints. If these two things happened while working on this project, what type of disaster might it cause?

How will a  project attract tourists from outside your region? How does the project financially benefit the region? Provide a projected impact analysis including data sources to support it.3. Explain how a project is transformative and how a community and region will benefit from a project being funded. Provide qualitative and quantitative data that supports how this project will increase community engagement and have a positive impact on tourism.