This assessment aims to foster students’ ability to evaluate and determine project viability, including the analysis required in the selection process. This will also form a part of students’ ability...

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This assessment aims to foster students’ ability to evaluate and determine project viability, including the analysis required in the selection process. This will also form a part of students’ ability to create project portfolios that meet an organisation’s strategic goals and requirements and analyse project lifecycles and the processes involved in project development. Students will also demonstrate the criteria required to evaluate the success of projects based on an organisation’s goals, strategy, and standards, as well as analyse the project lifecycle and the process involved in project development.


Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Document Classification: Public Assessment 2 Information Subject Code: MBA641 Subject Name: Strategic Project Management Assessment Title: Stakeholder Management Plan Assessment Type: Length: Individual written and diagrammatic analysis 2000 words (+/- 10% allowable range) Weighting: 30% Total Marks: Submission: 100 Online Due Date: Week 8 Your task Individually, you are required to complete a comprehensive stakeholder management plan based on your work in the first assessments. N.B.: If the proposed project is not utilised, the assessment will be graded zero (0). Assessment Description This assessment aims to foster students’ ability to evaluate and determine project viability, including the analysis required in the selection process. This will also form a part of students’ ability to create project portfolios that meet an organisation’s strategic goals and requirements and analyse project lifecycles and the processes involved in project development. Students will also demonstrate the criteria required to evaluate the success of projects based on an organisation’s goals, strategy, and standards, as well as analyse the project lifecycle and the process involved in project development. Assessment Instructions Presume that you are advancing for the project and have now been asked to prepare a detailed risk analysis and stakeholder management plan before commencing the project. Complete a comprehensive risk assessment of your project feasibility analysis linked directly to the case study. In addition, complete a stakeholder management plan, in which you will propose ways to manage the relationships between the stakeholder groups identified in the case study and the proposals you have put forward in the first assessment. Your analysis needs to be directly linked to the case study. Your risk analysis should be approximately 800 words. In it, you must include the concepts studied in weeks 4 and 5, accompanied by at least one or more risk assessment techniques, such as a risk assessment grid or project risk picture. You must identify potential risks in addition to your research on the project and its site by clearly outlining how these will be managed. Your stakeholder management plan should be approximately 1200 words. In it, you must follow an appropriate, professional presentation style addressing the client who has commissioned the project. It should include the identification of the various stakeholders, their interests and influence over the project, and a clear outline of the engagement strategy for each stakeholder group. Please don’t forget to outline the appropriate objectives and measures for the various stakeholders, using the relevant frameworks, concepts and diagrammatic tables, as necessary, to explain your reasoning clearly and concisely. Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Document Classification: Public You must use at least ten (10) sources of information and reference appropriately. These may include websites, social media sites, industry reports, census data, journal articles, and newspaper articles. These references should be presented as in-text citations and a reference list at the end of your written analysis (not included in the word limit). Wikipedia and other ‘popular’ sites are not to be used. Ethical Use of Generative Artificial Intelligence The assessment tasks in this subject require you to demonstrate your learning, and while the use of generative artificial intelligence is not prohibited at Kaplan Business School, it is important to understand that information generated by GenAI tools, such as ChatGPT, Copilot, and DALL-E, may be unreliable, inaccurate, and incorrect. Therefore, you must ensure you use these tools cautiously and only as an aid to help you find relevant sources of information or form an understanding of a concept or theory. In doing so, you must acknowledge GenAI use via appropriate in-text citation and referencing. Assessment Submission This file must be submitted as a ‘Word’ document to avoid any technical issues that may occur from an incorrect file format upload. Uploaded files with a virus will not be considered as a legitimate submission. MyKBS will notify you if there is an issue with the submitted file. In this case, you must contact your workshop facilitator via email and provide a brief description of the problem and a screenshot of the MyKBS error message. You are also encouraged to submit your work well before the deadline to avoid any possible delay involving any technical difficulties. Late Submission of Assignments Penalties will be imposed on late assignment submissions in accordance with Table 1 unless approval in advance has been granted. For more information, please read the full policy by visiting the following site: https://www.kbs.edu.au/admissions/forms-and-policies https://www.kbs.edu.au/admissions/forms-and-policies Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Document Classification: Public Academic Integrity Policy KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy. • What are academic integrity and misconduct? • What are the penalties for academic misconduct? • What are the late penalties? • How can I appeal my grade? The answers to these questions can be accessed at https://www.kbs.edu.au/about-us/school-policies. Length Limits for Assessments Penalties may be applied for assessment submissions that exceed prescribed limits. Study Assistance Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page. Further details can be accessed at https://elearning.kbs.edu.au/course/view.php?id=1481. https://www.kbs.edu.au/about-us/school-policies https://elearning.kbs.edu.au/course/view.php?id=1481 https://elearning.kbs.edu.au/course/view.php?id=1481%20 Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Document Classification: Public Generative AI Traffic Lights Please see the level of Generative AI that this assessment has been designed to accept: Traffic Light Amount of Generative Artificial Intelligence (Generative AI) usage Evidence Required This assessment (✓) Level 1 Prohibited: No Generative AI allowed This assessment showcases your individual knowledge, skills and/or personal experiences in the absence of Generative AI support. The use of generative AI is prohibited for this assessment and may potentially result in penalties for academic misconduct, including but not limited to a mark of zero for the assessment. Level 2 Optional: You may use Generative AI for research and content generation that is appropriately referenced. See assessment instructions for details This assessment allows you to engage with Generative AI as a means of expanding your understanding, creativity, and idea generation in the research phase of your assessment and to produce content that enhances your assessment. I.e., images. You do not have to use it. The use of GenAI is optional for this assessment. Your collaboration with GenerativeAI must be clearly referenced, just as you would reference any other resource type used. Click on the link below to learn how to reference Generative AI. https://library.kaplan.edu.au/referencing- other-sources/referencing-other-sources- generative-ai In addition, you must include an appendix that documents your Generative AI collaboration, including all prompts and responses used for the assessment. Unapproved use of generative AI as per assessment details during the content generation parts of your assessment may potentially result in penalties for academic misconduct, including but not limited to a mark of zero for the assessment. Ensure you follow the specific assessment instructions in the section above. V Level 3 Compulsory: You must use Generative AI to complete your assessment See assessment instructions for details This assessment fully integrates Generative AI, allowing you to harness the technology's full potential in collaboration with your own expertise. Always check your assessment instructions carefully, as there may still be limitations on what constitutes acceptable use, and these may be specific to each assessment. You will be taught how to use generative AI and assessed on its use. Your collaboration with GenerativeAI must be clearly referenced, just as you would reference any other resource type used. Click on the link below to learn how to reference Generative AI. https://library.kaplan.edu.au/referencing- other-sources/referencing-other-sources- generative-ai In addition, you must include an appendix that documents your GenerativeAI collaboration, including all prompts and responses used for the assessment. Unapproved use of generative AI as per assessment details during the content generation parts of your assessment may potentially result in penalties for academic misconduct, including but not limited to a mark of zero for the assessment. Ensure you follow the specific assessment instructions in the section above. https://library.kaplan.edu.au/referencing-other-sources/referencing-other-sources-generative-ai https://library.kaplan.edu.au/referencing-other-sources/referencing-other-sources-generative-ai https://library.kaplan.edu.au/referencing-other-sources/referencing-other-sources-generative-ai https://library.kaplan.edu.au/referencing-other-sources/referencing-other-sources-generative-ai https://library.kaplan.edu.au/referencing-other-sources/referencing-other-sources-generative-ai https://library.kaplan.edu.au/referencing-other-sources/referencing-other-sources-generative-ai COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Document Classification: Public MBA641 Assessment 2 Marking Rubric - Risk Analysis and Stakeholder Management Plan 30% Marking Criteria (__/100) F (Fail) P (Pass) 50-64% C (Credit) 65-74% D (Distinction) 75% - 84% HD (High Distinction) 85 – 100% 0-34% 35-49% Risk Analysis __/40 marks You listed some of the risks by including limited relevant examples. You demonstrated limited theoretical applications relevant to risk analysis. You described some of the risks by including somewhat relevant examples. You demonstrated developing theoretical applications relevant to risk analysis. You analysed most of the risks by including somewhat relevant examples. You have demonstrated basic theoretical
Answered 12 days AfterAug 17, 2024

Answer To: This assessment aims to foster students’ ability to evaluate and determine project viability,...

Dilpreet answered on Aug 29 2024
8 Votes
STAKEHOLDER MANAGEMENT PLAN         2
STAKEHOLDER MANAGEMENT PLAN
Table of Contents
Introduction    3
Risk Analysis    3
Risk Identification    3
Risk Register    11
Risk Assessment Grid    13
Stakeholder Management Plan    15
Identification of the Stakeholder    15
Stakeholder Analysis    17
Strategy for Stakeholder Engagement    19
Conclusion    21
References    23
Introduction
This report focused on the risk analysis and potential stakeholders’ management plan for a proposed project for an “Integrated Patient Management System” (IPMS). The p
otential risks of this project have been identified here and the descriptions have been provided of those risks. Risk analysis has been performed through the risk register, and risk assessment grid. In addition to this, the stakeholder management plan was done through the identification of the stakeholders of this project. The stakeholder analysis of the identified stakeholders has been done here through some models and frameworks.
Risk Analysis
Risk analysis of this IPMS project has been done by identifying the potential problems of this project. A risk register has been developed with the likelihood and impact level on the project along with the mitigation strategies. A risk assessment grid is also provided here to depict the likelihood and consequences of the risk.
Risk Identification
The identified risks around this project are specific to the possible technological errors and potential implementation challenges.
    Identification
    Analysis
    Risk No.
    Date raised
    Description
    Risk Type
    Status
    Risk Owner
    Cause
    Effect
    Existing controls
    01
    5/6/2024
    One of the major risks of this project is around the data security and privacy risk which can be impactful while migrating the data from the previous system to the new system. Data breaches and unauthorised access to customers’ data are the most common challenges these days for a technology-based project (Saxena et al. 2020). The patient information might become public due to these challenges.
    Operational
    Open
    IT team
    Poor technological infrastructure.
    It can publicise the sensitive and confidential information of the customers.
    Effective encryption approach
    02
    12/6/2024
    Another key challenge for this project might come while implementing the new system on the existing software. Facing difficulty while implementing the new IPMS within the existing systems can lead to data consistency and loss in the data validation (Riedmaier et al. 2021). The project manager might face this challenge while encrypting the new system in the different departments of this project.
    Operational
    Open
    IT integration team
    Poor adaptation of the management
    It can delay the overall project.
    Assessment of compatibility and engagement with IT professionals
    03
    18/6/2024
    In a workplace, there are several employees and staff who have not been updated with advanced technologies (Johnson et al. 2020). This is an extremely common issue for an organisation that is looking to enhance the technological advancement of its activities. In this context, those specific staff and employees resist the management to take a practical approach to the change of the traditional technologies. This is also a high potential risk around this project if the healthcare professionals and staff resist the management from implementing the new system.
    Strategic
    Open
    Change management team
    Lack of technological knowledge
    It can cause delay in the project
    Providing training to the old existing employees for the advanced technology
    04
    28/6/2024
    Missing the deadlines and delaying the overall project are also the key challenges and potential risks of this IPMS project. Completing a project within the deadline is important for the stakeholders and having a delay in completing the objective can cause of series of dissatisfaction for the stakeholders (Omoush, 2020). These delays can occur due to technical issues, vendor delays, and resource management challenges. All of these individual issues can create a huge impact of delaying the overall business and losing the interest of the stakeholders.
    Strategic
    Open
    Project Manager
    Several small disruptions regarding technological failure.
    It can decrease the interest of the stakeholders.
    Developing new working schedule with realistic deadlines including a buffer period.
    05
    6/7/2024
    High implementation cost for a project is also a key challenge for the completion of this IPMS project. The rapid change in market demand and economy can cause high implementation costs for a project (Elia et al. 2021).
    Operational
    Open
    Finance Manager
    Lack of analysis of market trends and cost of different materials.
    It can cause budget constraints for the project.
    Performing detailed cost-benefit analysis
Risk Register
    Risk Description
    Chances of the risk to occur
    Impact of the risk if occurs
    Severity
    Owner
    Mitigation Strategy
    Risks around data security
    High
    High
    High
    It Team
    Implementing effective mitigation strategy with strong data encryption.
    System implementation challenge
    Medium
    Medium
    High
    Integration and implementation team
    Conducting some compatibility assessments and...
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