Discuss a risk assessment and management plan


Assignment task: Project: Supply Chain Management

Case Scenario Project scope statement normally describes the project objectives, scope, summarized costs, and resource requirements. The following scope statement particularly captured six major items: strategic goals, tactical goals, milestones, constraints, assumptions, and specifically excluded scope.

Project Scope Statement Strategic Goals Improve supply chain management processes by 45% via deployment of a new supply chain management software.

Time: Project duration 15 months; Cost: $1,500,000; Quality: Per service level agreement

Tactical Goals Analyse workflow, configure software, develop prototype, and release software. Major Deliverables: Workflow analysis, configure settings, prototype, training, release

Key Milestones - Workflow analysed - Configure complete - Prototype complete - Training complete - Release

Instructions: The purpose of this group assessment is to develop a well-analysed and well-researched project management report based on analysing and identifying the overall parameters of a project and establish the appropriate project management standards required to complete the project. Since a project scope statement is given, the statement should be used to analyse and identify project issues, different project management tools and techniques to manage the project, conduct project risk assessment and make recommendations for improvements in the future. Assumptions can be made where required. But the assumptions must be reasonable and documented. The assessment is based on the realistic nature of the project and how well it is presented. Make sure that the breakdown of the tasks, timeline, and the quality of the work is realistic, justifiable and sufficiently attractive to win a tender for a real project

I need only help with this task.

Task: Discuss a risk assessment plan. This should include: identifying possible risks, performing qualitative and quantitative risk analysis and planning for risk responses. To identify risks, you should apply common risk identifying techniques (for example, brainstorming, Delphi technique, interview, SWOT analysis, fish bone diagram etc.). For the simplicity, you need to apply risk assessment plan at only one stage of the project (i.e., workflow analysis, configure setting, prototyping, training and releasing the software).

Discuss a risk assessment and management plan. This should include identifying possible risks, performing qualitative and quantitative risk analysis and planning for risk responses.

Request for Solution File

Ask an Expert for Answer!!
Other Management: Discuss a risk assessment and management plan
Reference No:- TGS03364433

Expected delivery within 24 Hours