BUS 519 DQ 7,8, & 9

Week 7 Discussion

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"Planning for Unknowns" Please respond to the following:

• Evaluate your project management options in terms of schedule, performance, and cost for the following scenario. Support your evaluation.

An office building construction project is 80% complete in the southern Virginia area, when a major hurricane strikes, and stops progress on the worksite for 10 days while damage is assessed and repairs are completed. The project has a fixed budget and a completion date that cannot be moved any further to the right.

Week 8 Discussion

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• In many risk programs, risks are managed individually. However, a robust risk program considers the cumulative effect of all risks. Assess the following scenario and identify the effect of multiple events on a risk management strategy:

When the Titanic struck the iceberg, the weather was bad, the lookouts were not properly equipped, the radio operator was not monitoring other ship traffic in the area, and the ship design had a major flaw in the construction of the hull’s “watertight” compartments.

Week 9 Discussion

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"Post-Project Review" Please respond to the following:

Compare and contrast the differences in the ATOM methodology for large versus small projects. Analyze the key reasons why it is important to address these differences when preparing the initial project plan.