Scope of the task You are expected to use the risk management cycle as a guide and describe how the ATA should proceed with each stage of the cycle in order to come up with a sound project risk...


Scope of the task
You are expected to use the risk management cycle as a guide and describe how the ATA should proceed with each stage of the cycle in order to come up with a sound project risk management plan for this project. You are expected to use the information provided to you on Kate’s video(s) and information from a credible source in relation to East Timor’s environment. For example, who would you include in risk workshop during the risk identification stage to find out more about importing licencing requirements?  After ascertaining the requirements, and assuming there may be potential delays, how would you analyse and prioritise the risk? You are allowed to make some assumptions, provided you can justify how and why you make those assumptions. Using the fictitious import licencing example again, you may wish to mandate that any risks that cause a delay in the activity completion date greater than five working days is identified as critical, and structure the risk matrix accordingly. The reason could be you have assumed the Australian installation expert could only be in East Timor for a fixed period of time, therefore there is no ‘float’ for the installation activity on the schedule. There is room for some assumptions since you don’t have all the facts at hand but they need to be sensible, logical and based on certain facts (which require referencing) – don’t just make things up!
Again, it must be stressed that the aim of this task is for you to demonstrate how well you understand the concepts and well you can apply them in this semi-realistic case study. Simply repeating the generic processes taught in the Modules would earn you very little marks.
Please note this is a brief on what you believe should contain in the Project Risk Management Plan.  You are not expected to draft a comprehensive Risk Management Plan, there isn't sufficient word





Oct 07, 2019
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here