Final- Proj Risk

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BADM 627 Project Risk & Quality Management

Final Exam

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Contents Assignment Guidelines 3 Question 1. 3 Question 2. 3 Question 3. 3 References 4

Assignment Guidelines

Question 4.

Provide an example of the upside of risk and explain the concept.

Question 5.

Explain what a KPI is. How might we use KPI's is doing a risk analysis for an organization. Choose five KPI's for the Amazon organization and explain why you have made your choices.

Question 6.

Explain the Delphi Techniques. How might it be used in coming to consensus on risk identification related to an IT driven project?

Question 7.

A popular hotel has continued to lose business in its room service food sales over the last five years. Using the Six Sigma DMAIC process explain what you would do in each step of the process to improve the sales - provide relevant, practical details. What statistics would you apply and why?

Question 8.

Explain the Plan, Do, Check, Act concept - provide a practical example. How might it be applied in improving project quality?

Question 9.

Explain the concept of Continuous Improvement - provide an example. How might it be combined with a Lean approach

Question 10.

Explain the primary inputs and outputs in the Project Management Institute Quality Knowledge Area.

References

Edwards, P. J., Serra, P. V., & Edwards, M. (2019). Managing project risks. Hoboken, NJ: Wiley-Blackwell.

Project Management Institute, A guide to the project management body of knowledge (PMBOK® guide), Fifth Edition, Project Management Institute Inc. 2013. [Vitalsource version]. Retrieved from https://online.vitalsource.com/#/books/9781935589815/cfi/0