Q2 Q3 Describe the FOUR (4) things that are necessary to promote the partnership idea between the project manager and the team. Describe any FOUR (4) types of risk that projects may hold.
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- Managing risk in project is the responsibilities of all stakeholders. Althoughthe potential risk cannot be eliminated, however, the potential risks to happen can be minimized and reduced. In organization, risks can come from all aspects such as business, technical, market, program, or other types of risks. 1. Describe TWO types of analysis processes conducted in performing risk analysis and management.2. List and discuss any THREE types of risk components that can be used to classify the severity level of risk categories. 3. Evaluate how organizations identify, manage, and minimize risks by adopting the use of risk register table?1.four key stages in project risk management 2.five common classification clusters of risk 3.methods available for conducting risk factors identification 4.four possible alternatives a project organization can adopt in deciding how to address riskWhat does it mean for the three Rs to be in alignment? What is the potential risk of these not being in alignment? What could go wrong?
- 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…Managing risk in a project is the responsibility of all stakeholders. Although the potential risk cannot be eliminated, the potential risks to happen can be minimized and reduced. In an organization, risks can come from all aspects such as business, technical, market, program, or other types of risks. 1. Describe TWO types of analysis processes conducted in performing risk analysis and management. 2. List and discuss any THREE types of risk components that can be used to classify the severity level of risk categories. 3. Evaluate how organizations identify, manage, and minimize risks by adopting the use of a risk register table?What is the relationship between project risk and project engagement?
- ANSWER THE B PART. ONLY THE SUMMISSION MEMO.Preparing your Event Communications: Communication Sponsorship Package Scenario: Event name is pallet of positivity Mental health sip and paint event. As a member of your event organizing agency in your PLAN8020 Event Planning course, you now have to prepare a communication package for your event sponsorship. Each member will work on a similar package INDIVIDUALLY.This is NOT a group assignment, and you may not collaborate or share your work with other students, until you have all submitted your individual packages to the Dropbox. You will design and develop a branded Event Communication Sponsorship Package for your Event Planning (PLAN8020) event. March 1, at 8pm is the deadline for sponsors. Your Package will consist of: 1. Email #1: The Sponsorship email will need to outline the event, promote the sponsorship opportunity, as well as outline the process to be a sponsor. The deadline for sponsors is March 1, at 8 p. m. . 2. Executive…please help Running Case1 The Global Treps Project team is working hard to ensure they meet expectations, especially for the people who will be holding and participating in the four events. The team has a detailed scope statement, but you want to make sure you are not forgetting requirements that might affect how people view the quality of the project. You know that the project’s sponsor and other key stakeholders are most concerned with getting people to use the new website, having successful events, and helping promote entrepreneurship across the globe. You also know that various geographic and cultural issues will need to be addressed. 3. After analyzing survey information, you decide to create a Pareto chart to see which types of guidelines for running an event generated the most interest. First, create a spreadsheet in Excel using the data in the following table. List the most frequently requested guidelines first. Use the attached Excel template pareto_chart.xls: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?
- If you are working on the project for Company ‘B’, then please write at least 6 major Risk factors, you can foresee, that may arise during the execution of the project. You are also required to recommend the risk mitigation (risk control) steps against each risk.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.Explain the process of Project Benefit Realization.Describe the five (5) fundamental broad processes of Enterprise Information and Technology Governance (EGIT)