Contract Requirements and Risks Project Management GP IP3

Unit:  Requirements and Risks
Due Date:  Friday, 7/22/16
Deliverable Length:  Risk template; 750–1,000 words (project summary)

PART 1

· Create a risk template by listing the risks that you think are appropriate for ADC.

· You may need to make assumptions about the project. Just be sure to document them in the description of the risk.

· When identifying your risks, be sure to consider the following:

• Project and product risks
• External and internal risks
• Project budget risks
• Scheduling risks
• Resource risks
• Product quality risks

· Be sure to categorize and quantify all of the identified risks.

Download and view a copy of an example risk template in the attached file

PART 2

Create a weighted scorecard list of functional requirements for the scheduling tool you need to purchase for ADC.

• What risks and requirements must be included?
  
  
• What weight each risk or requirement should be given.
  
  
• Place each of your requirement statements, one per row, in the Requirements column.
  
  
• Document any project assumptions you make in footnotes.
  
  

Download and view a copy of an example weighted scorecard in the attached file

Assignment Objectives

Choose the appropriate contract type for specific project tasks based on project needs and risk assessment.