Cmgt 410

19 6.1 Strategic Risks ....................................................................................................... 19 6.2 Project Risks .......................................................................................................... 20 Stakeholder & Communications Management ..................................................................... 21 7.1 Stakeholder Assessment ....................................................................................... 21 7.2 Stakeholder Importance and Influence................................................................... 24 7.3 Community Consultation and Key Stakeholder Information.................................... 25 7.4 Key Messages ....................................................................................................... 25 7.5 Required Approvals................................................................................................ 25 7.6 Organisational Impact ............................................................................................ 25 Project Schedule.................................................................................................................. 26 8.1 Overall Project Schedule........................................................................................ 26 8.2 Staging of Works ................................................................................................... 26 Project Organisation

Missing the following information. “Include a specific manner of project evaluation. How will you determine your level of success? What will you measure? Whose evaluative input will you seek”?

Leadership. Why is proper leadership important? Is there a model out there that makes a good leader? There are some who think that change is bad or there is fear when change is merely mentioned. Why is there so much apprehension about change, what is there to fear. “There is nothing to fear but fear itself” (FDR). We fear change because we fear that our world or our comfort zone being infringed upon. Apple Inc. has said “Here 's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They 're not fond of rules. And they have no respect for the status quo.

Scope: Defines what work is or is not included in a project. For example, the scope of a

A risk always has two results, first, holds a success and second, an experience of failure.

It is the responsibility of the Safety Manager to ensure the procedure is being followed.

The organization assets involved in the project include the IT managers, the schedules of training with individual managers and the professionals in the company. We are hoping that the managers of the company overseeing the performance reviews will give the project team

This section consists of a suite of potential options broken out by sample phases. While it may be useful for grantees to consider these deliverables in designing their project, the particular suite of deliverables and the organizational structure that is ultimately incorporated will be project-specific. The grantee may also ask the Vendor to provide cost estimates on a per-deliverable basis in the bid response.

The project manager has to report about the performance. Insufficient performance will provoke a negative reaction of a project sponsor. We think a project manager should deliver almost all the facts as soon as possible and as objectively as possible.

The nature and scope of a project is determined at the initiation stage. This involves analyzing the business needs, developing goals, budgets, tasks, deliverables, and the stakeholder analysis. The project planning stage determines the planning team, develops the scope, and identifies work breakdown structure and activities that will be needed to complete deliverables. The planning stage also estimates time and cost activities, develop schedule and risk plan, and gain formal approval for work to begin. The executing stage involves all processes used to meet the project requirement and involves managing people and resources. The process that entails the identification of potential problems and

• who will be responsible for planning and management of project operations as well as the roles of other bodies and organizations associated with the project

Businesses improvement - Not much innovation occurs in this type of projects, they mostly focus in reorganization specific process, in a manner that needless or redundant activities are eliminated. Sometimes, they may consist of giving more control to costumer on how their operations with the company are fulfilled. Investments do not involve a lot of risk, and earnings are concrete after not much time. This is because it involves improvement of the current process, rather than the implementation of a new one/s.

Earned value analysis is a method of performance measurement. Many project managers manage their project performance by comparing planned to actual results. With this method, one could easily be on time but overspend according to the plan. A better method is earned value because it integrates cost, schedule and scope and can be used to forecast future performance and project completion dates. It is an “early warning” program/project management tool that enables managers to identify and control problems before they become insurmountable. It allows projects to be managed better – on time, on budget.

Project Defintion - Here the customers requirements and needs are collected and basic operting concept is identified. In this stage it is also important to investigate alternatives and risk analysis, and also to find our if the project is profitable or not. This information provided should indentify all of the projects costs for traning and sustaining efforts after the project is completed.

The last sections concern about the uncertainties in multiple inputs. The project ends up to be undeniably risky where in optimistic cases, the project is favourable to both the social and private stakeholders; but in pessimistic cases, the detriment could become terribly worse. The ultimate choice then depends on the attitude towards risk of the decision maker but generally, further investigations on different aspects of the project should be implemented in order to make an accurate decision.