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Activity 2 aims at developing a methodology for investigating the current case project information and communications system. Conduct a team brainstorming session to decide on your strategy and scope ...

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Business Module Phases

Question

Answered

Task:

Update the paper you submitted in Module 5 (paper is below) by populating the Risk, Impact, Likelihood, Response Type, and Response Description columns in the table in (4) below. Prepare a paper in which you address each of the following in separate, titled sections framed by an introduction and a conclusion:
1.     I select moving from OKC, OK to Orlando, FL.  Describe the project specifically and measurably in terms of scope, budget, schedule, and quality.
    2. Identify 3-4 logical chronological phases that comprise the entirety of the project duration and describe these phases.
3. Brainstorm a total of eight risks facing this project, including six negative risks and two positive risks. State each of the six negative risks concisely in the form of an undesirable event and explain each risk. State each of the two positive risks concisely in the form of a desirable event and explain each risk.
4.Prepare a table that includes the following column headings, from left to right: Project Phase, Risk, Impact, Likelihood, and Response. Populate all of these columns. Populate the first column with the names of the phases identified in (2) above. Populate the second column with the eight risks identified in (3) above in such a way that each risk appears in the same row of the table as the project phase to which it pertains. Populate the Likelihood and Impact columns with numerical ratings from 1-10. Populate the Composite Risk Score column with a value that is the product of the Likelihood and Impact ratings for each risk. Populate the Response Type column with one of the five one-word risk responses identified in The PMBOK ® Guide section 11.5 only. Populate the Response Description column with a concise description of the Response. Now sort your table so that it is arranged from highest to lowest Composite Risk Score, moving from the top to the bottom of the table.
5.  Discuss the rationale and approach you used to arrive at the Likelihood and Impact scores. Explain in detail your planned Response for each of the three risks with the highest Composite Risk Scores.

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ITT 455 IT Project

Task Project proposals are rarely accepted in their entirety in the first round. Usually what occurs is a series of back and forth between the proposing party and the sponsor to ensure that questions and tweaks are made before committing to move forward. Congratulations, your proposal was one of t ...

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MGMT2060 Business Project Management

Question 1. For your selected project, highlight a time during the project where one of the six project constraints changed. Describe, in specific detail, the impact on at least three other project constraints.When completing your answer, you may use reasonable assumptions regarding the project &nda ...

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MBA 612 -Managing Costs and Evaluating Performance

Assignment Case Study The Office of Information Technology (OIT) of the Silicon Forest State University (SFSU) uses a ticketing system (software) to report bugs across different departments in OIT that maintain the information system at SFSU level; from the front end (user interface) to the back e ...

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Activity 2 aims at developing a methodology for investigating the current case project information and communications system. Conduct a team brainstorming session to decide on your strategy and scope for the conduct of this activity. Investigate and document the following (not exhaustive): ï‚· R ...

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