FOR : Kim Kim Course Guide and Requirements For: KIM
BUS519
Preview: BUS519 : Project Risk Management
Course Guide
Prerequisites
Course Description
Instructional Materials
BUS517
Presents the application of risk management strategies to identify, analyze, and mitigate the full range of project risks in order to ensure project success. Examines the six risk management processes outlined in the Project Management Body of Knowledge (PMBOK® Guide): risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, and risk monitoring and control.
Required Resources
Online Resources Available Through the Strayer Library
For your convenience, the required online resources are provided by the Strayer Library at no cost. Links to the Online Library Resources are available within Blackboard via the Course Info page. You may also search by title in the online Strayer Library.
David Hillson. 2012. Practical Project Risk Management: The ATOM methodology (2nd ed.). Management Concepts Press. https://search-ebscohost-com.libdatab.strayer.edu/login.aspx?direct=true&db=nlebk&AN=1672297&site=ehost-live&scope=site
Project Management Institute. Practice Standard for Project Risk Management (4th ed.). Newtown Square. PA. 2009. http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=579204&site=eds- live&scope=site
Available Through the Strayer Bookstore
uCertify. PMI-RMP® Project Management Institute Risk Management Professional.
Case Pack BUS519: Project Risk Management. XanEdu.
Note: Students can access the Case Pack from within the XanEdu tab in Blackboard.
Supplemental Resources
Arbiana Govori. 2012. Measuring and Managing the Impact of Risk on Organizations: The Case of Kosovo. Journal of Advanced Research in Management, vol. 3, no. 1, pp. 17–26. http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx? direct=true&db=bth&AN=84010776&site=eds-live&scope=site
Kam Jugdev. 2012. Learning from Lessons Learned: Project Management Research Program. American Journal of Economics and Business Administration, vol. 4, no. 1, pp. 13–22.
NOTE: The links in this document do not function. Please refer to your course to view/download linked content.
Course Learning Outcomes
Weekly Course Schedule
Week 1 - To Do List
Discuss: Introduce yourself to your classmates and your professor.
Learn: Read Chapter 1 in Practical Project Risk Management.
Learn: Read Chapter 1 in Practice Standard for Project Risk Management.
Learn: Read the PowerPoint and notes files.
uCertify: Access uCertify to read Chapter 1.
Discuss: Participate in the discussion, You as a Risk Manager.
Week 2 - To Do List
Learn: Read Chapter 2 and Figure A-2 in Practical Project Risk Management.
Upasna Saluja. 2012. Information Risk Management: Qualitative or Quantitative? Cross Industry Lessons from Medical and Financial Fields. Journal of Systemics, Cybernetics and Informatics, vol. 10, no. 3, pp. 54–59. http://libdatab.strayer.edu/login? url=https://search.ebscohost.com/login.aspx? direct=true&db=edsdoj&AN=edsdoj.27791eb0141d460d95aeeccfec800fba&site=eds-live&scope=site
Niam Yaragh. 2011. Critical Success Factors for Risk Management Systems. Journal of Risk Research, vol. 14, no.5, pp. 551– 581. http://libdatab.strayer.edu/login?url=https://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=63204121&site=eds- live&scope=site
Assess the critical success factors (CSFs), project benefits, organizational readiness, and risk culture of a company to inform the development of project risk recommendations.
1
Create a risk management plan that includes justification to support your rationale.2
Create a risk register that assesses the probability of impacts for threats and opportunities and is informed by a risk workshop.
3
Assess the impact of events on the project's progress in order to determine an appropriate risk response plan.
4
Week 2 - To Do List
Learn: Read Chapter 2 in Practice Standard for Project Risk Management.
Learn: Read the PowerPoint and notes files.
uCertify: Read Chapters 2 and 3 in uCertify .
Discuss: Participate in the discussion, Need for Risk Management.
Quiz: Complete uCertify Chapter 1 Quiz.
Prepare: Read the instructions for the assignment, Assess Organizational Readiness, due in Week 4.
Week 3 - To Do List
Learn: Read Chapters 3 and 4 and Figure A-1 in Practical Project Risk Management.
Learn: Read Chapters 3 and 4 and Appendix D.1 in Practice Standard for Project Risk Management.
Learn: Read the PowerPoint and notes files.
Discuss: Participate in the discussion, Project Initiation.
Quiz: Complete and submit uCertify Chapter 2 Quiz.
Quiz: Complete and submit uCertify Chapter 3 Quiz.
Prepare: Read the instructions for the assignment, Assess Organizational Readiness, due in week 4.
Week 4 - To Do List
Learn: Read Chapter 5 and Figure B-7 in Practical Project Risk Management.
Learn: Read Chapter 5 and Appendix D.2 in Practice Standard for Project Risk Management.
Week 4 - To Do List
Learn: Read the PowerPoint and notes files.
uCertify: Read Chapter 4 in uCertify .
Discuss: Participate in the discussion, Identify Risks.
Assignment: Submit the assignment, Assess Organizational Readiness.
Week 5 - To Do List
Learn: Read Chapter 6 and Figures B-9 and B-17 in Practical Project Risk Management.
Learn: Read the PowerPoint and notes files.
Discuss: Participate in the discussion, Perceptions of Risk.
Quiz: Complete uCertify Chapter 4 Quiz.
Prepare: Read the instructions for the assignment, Risk Management Plan, due in Week 6.
Week 6 - To Do List
Learn: Read Chapter 15 and Figures B-5 and B-6 in Practical Project Risk Management.
Learn: Read Chapters 6 and 7 and Appendices D.3 and D.4 in Practice Standard for Project Risk Management.
Learn: Read the PowerPoint and notes files.
uCertify: Read Chapter 5 in uCertify .
Discuss: Participate in the discussion, Advanced Risks Tools.
Assignment: Submit the assignment, Risk Management Plan.
Week 7 - To Do List
Week 7 - To Do List
Learn: Read Chapters 7 and 8 in Practical Project Risk Management.
Learn: Read Chapter 8 and Appendix D.5 in Practice Standard for Project Risk Management.
Learn: Read the PowerPoint and notes files.
uCertify: Read Chapter 6 in uCertify .
Discuss: Participate in the discussion, Your Team.
Quiz: Complete uCertify Chapter 5 Quiz.
Prepare: Read the instructions for the assignment, Risk Workshop and Risk Register, due in week 8.
Week 8 - To Do List
Learn: Read Chapters 9–11 and Figures B-12 and B-16 in Practical Project Risk Management.
Learn: Read Chapter 9 and Appendix D.7 in Practice Standard for Project Risk Management.
Learn: Read the PowerPoint and notes files.
uCertify: Read Chapter 7 in uCertify .
Discuss: Participate in the discussion, Scope Creep is Good.
Quiz: Complete the uCertify Chapter 6 Quiz.
Assignment: Submit the assignment, Risk Workshop and Risk Register.
Week 9 - To Do List
Learn: Read Chapters 12 and 13 in Practical Project Risk Management.
Week 9 - To Do List
Learn: Read the PowerPoint and notes files.
Discuss: Participate in the discussion, Post-Project Review.
Quiz: Complete the uCertify Chapter 7 Quiz.
Prepare: Read the instructions for the assignment, Project Progress, due in week 10.
Week 10 - To Do List
Learn: Read Chapters 14 and 16 in Practical Project Risk Management
Learn: Read the PowerPoint and notes files.
Discuss: Participate in the discussion, ATOM for Large Projects.
Assignment: Submit the assignment, Project Progress.
Week 11 - To Do List
Discuss: Participate in the discussion, What’s Next?
Grading Scale
Participation Total Points % of Grade
Discussion Participation 275 27.5%
Assignment Total Points % of Grade
w02a1 - uCertify Chapter 1 Quiz 25 2.5%
w03a1 - uCertify Chapter 2 Quiz 25 2.5%
w03a2 - uCertify Chapter 3 Quiz 25 2.5%
w04a1 - Assess Organizational Readiness 95 9.5%
w05a1 - uCertify Chapter 4 Quiz 25 2.5%
w06a1 - Risk Management Plan 180 18%
w07a1 - uCertify Chapter 5 Quiz 25 2.5%
Participation Total Points % of Grade
w08a1 - uCertify Chapter 6 Quiz 25 2.5%
w08a2 - Risk Workshop and Risk Register 180 18%
w09a1 - uCertify Chapter 7 Quiz 25 2.5%
w10a1 - Project Progress 95 9.5%
Totals 1000 100%
Final Course Grade
Points Percentage Grade
900 - 1000 90% - 100% A
800 - 899 80% - 89% B
700 - 799 70% - 79% C
0 - 699 69% and below F
Unique Course Features
Grading Scale Notation
Please consult the University Catalog and your academic advisor to determine the final grade needed in this class to satisfy your specific degree conferral requirements.
Assignments
Attendance Policy
This course uses the uCertify platform. uCertify does not directly record attendance, but attendance is recorded when you submit your work to the assignment in Blackboard.
w02a1 - uCertify Chapter 1 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 1 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard. Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w03a1 - uCertify Chapter 2 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 2 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard. Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w03a2 - uCertify Chapter 3 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 3 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard.
Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w04a1 - Assess Organizational Readiness
Summary
Click the linked activity title to access this assignment.
Text
Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. Review the assigned case study and complete this assignment.
Write a 4–6 page paper in which you:
1. Analyze how the critical success factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis. 2. Determine the project benefits, organizational readiness, and risk culture of the company in the case study. Provide justification
for your response. 3. Develop at least three project risk recommendations based on your analysis. 4. Identify the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk
Checklist (Figure A-2, in Practical Project Risk Management). 5. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Assess the critical success factors (CSFs), project benefits, organizational readiness, and risk culture of a company to inform the development of project risk recommendations.
Scoring Guide
Analyze how the critical succe ss factors (CSFs) apply to the facts of the case study. Prov ide e xample s to support your analysis. 20 %
Unacceptable
Did not submit or incompletely analyzed how the CSFs apply to the facts of the case study. Did not submit or incompletely provided
Needs Improvement
Partially analyzed how the CSFs apply to the facts of the case study. Partially provided examples to support your analysis.
Competent
Satisfactorily analyzed how the CSFs apply to the facts of the case study. Satisfactorily provided examples to support your analysis.
Exemplary
Thoroughly analyzed how the CSFs apply to the facts of the case study. Thoroughly provided examples to support your analysis.
examples to support your analysis.
De te rmine the proje ct be ne fits, organizational re adine ss, and risk culture of the company in the case study. Prov ide justification for your re sponse . 20 %
Unacceptable
Did not submit or incompletely determined the project benefits, organizational readiness, and risk culture of the company in the case study. Did not submit or incompletely provided justification for your response.
Needs Improvement
Partially determined the project benefits, organizational readiness, and risk culture of the company in the case study. Partially provided justification for your response.
Competent
Satisfactorily determined the project benefits, organizational readiness, and risk culture of the company in the case study. Satisfactorily provided justification for your response.
Exemplary
Thoroughly determined the project benefits, organizational readiness, and risk culture of the company in the case study. Thoroughly provided justification for your response.
De v e lop at le ast thre e proje ct risk re comme ndations base d on your analysis. 20 %
Unacceptable
Did not submit or incompletely developed at least three project risk recommendations based on your analysis.
Needs Improvement
Partially developed at least three project risk recommendations based on your analysis.
Competent
Satisfactorily developed at least three project risk recommendations based on your analysis.
Exemplary
Thoroughly developed at least three project risk recommendations based on your analysis.
Ide ntify the initial cate gorie s of risk (RBS Le v e l 1 and 2) that you se e as be ing pre se nt in the case study using the Example Risk Che cklist. 20 %
Unacceptable
Did not submit or incompletely identified the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist.
Needs Improvement
Partially identified the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist.
Competent
Satisfactorily identified the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist.
Exemplary
Thoroughly identified the initial categories of risk (RBS Level 1 and 2) that you see as being present in the case study using the Example Risk Checklist.
Cite thre e re fe re nce s. 10 %
Unacceptable
References were not provided or the references were not of a quality nature.
Needs Improvement
Fewer than three quality references were provided.
Competent
Three quality references were provided.
Exemplary
More than three quality references were provided.
Clarity, writing me chanics, and formatting re quire me nts. 10 %
Unacceptable
More than 6 errors present.
Needs Improvement
5–6 errors present.
Competent
3–4 errors present.
Exemplary
0–2 errors present.
w05a1 - uCertify Chapter 4 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 4 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard. Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w06a1 - Risk Management Plan
Summary
Click the linked activity title to access this assignment.
Text
Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. In this assignment, you will create a risk management plan. You have a budget of $100,000 and a timeline of six months for the plan. Please refer to the Risk Management Plan Template (Figure A-1 in Practical Project Risk Management) to create the plan.
Write an 8–10 page paper in which you:
1. Prepare the scope and objectives of the Risk Management Process section of the Risk Management Plan, based on the facts presented in the case study.
2. Determine the project size, based on the facts presented in the case study, and provide justification based on the Example Project Sizing Tool (Figure 3-4 in Practical Project Risk Management).
3. Select the risk tools and techniques, and complete the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Provide a rationale for the selections.
4. Develop the Risk Reviews and Reporting section of the Risk Management Plan, based on the project size previously determined.
5. Define the Probability and Impacts section of the Risk Management Plan, and justify the values assigned. 6. Define the Risk Thresholds section of the Risk Management Plan, and justify the values assigned. 7. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Create a risk management plan that includes justification to support your rationale.
Scoring Guide
Pre pare the scope and obje ctiv e s of the Risk M anage me nt Proce ss se ction of the Risk M anage me nt Plan, base d on the facts pre se nte d in the case study. 10 %
Unacceptable
Did not submit or incompletely prepared the Scope and Objectives of the Risk Management Process section of the Risk Management Plan based on the facts presented in the case study.
Needs Improvement
Partially prepared the scope and objectives of the Risk Management Process section of the Risk Management Plan, based on the facts presented in the case study.
Competent
Satisfactorily prepared the scope and objectives of the Risk Management Process section of the Risk Management Plan, based on the facts presented in the case study.
Exemplary
Thoroughly prepared the scope and objectives of the Risk Management Process section of the Risk Management Plan, based on the facts presented in the case study.
De te rmine the proje ct size , base d on the facts pre se nte d in the case study, and prov ide justification base d on the Example Proje ct Sizing Tool. 10 %
Unacceptable
Did not submit or incompletely determined the project size, based on the facts presented in the case study. Did not submit or incompletely provided justification based on the Example Project Sizing Tool.
Needs Improvement
Partially determined the project size, based on the facts presented in the case study. Partially provided justification based on the Example Project Sizing Tool.
Competent
Satisfactorily determined the project size, based on the facts presented in the case study. Satisfactorily provided justification based on the Example Project Sizing Tool.
Exemplary
Thoroughly determined the project size, based on the facts presented in the case study. Thoroughly provided justification based on the Example Project Sizing Tool.
Se le ct the risk tools and te chnique s, and comple te the Risk Tools and Te chnique s se ction of the Risk M anage me nt Plan for both the qualitativ e and quantitativ e aspe cts of the proje ct. Prov ide a rationale for the se le ctions. 20 %
Unacceptable
Did not submit or incompletely selected the risk tools and techniques. Did not submit or incompletely completed the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Did not submit or incompletely provided a rationale for the selections.
Needs Improvement
Partially selected the risk tools and techniques, and partially completed the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Partially provided a rationale for the selections.
Competent
Satisfactorily selected the risk tools and techniques, and satisfactorily completed the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Satisfactorily provided a rationale for the selections.
Exemplary
Thoroughly selected the risk tools and techniques, and thoroughly completed the Risk Tools and Techniques section of the Risk Management Plan for both the qualitative and quantitative aspects of the project. Thoroughly provided a rationale for the selections.
De v e lop the Risk Re v ie ws and Re porting se ction of the Risk M anage me nt Plan, base d on the proje ct size pre v iously de te rmine d. 20 %
Unacceptable
Did not submit or incompletely developed the
Needs Improvement
Partially developed the Risk Reviews and Reporting
Competent
Satisfactorily developed the Risk Reviews and Reporting
Exemplary
Thoroughly developed the Risk Reviews and Reporting
Risk Reviews and Reporting section of the Risk Management Plan based on the project size previously determined.
section of the Risk Management Plan, based on the project size previously determined.
section of the Risk Management Plan, based on the project size previously determined.
section of the Risk Management Plan, based on the project size previously determined.
De fine the Probability and Impacts se ction of the Risk M anage me nt Plan, and justify the v alue s assigne d. 10 %
Unacceptable
Did not submit or incompletely defined the Probability and Impacts section of the Risk Management Plan, and did not submit or incompletely justified the values assigned.
Needs Improvement
Partially defined the Probability and Impacts section of the Risk Management Plan, and partially justified the values assigned.
Competent
Satisfactorily defined the Probability and Impacts section of the Risk Management Plan, and satisfactorily justified the values assigned.
Exemplary
Thoroughly defined the Probability and Impacts section of the Risk Management Plan, and thoroughly justified the values assigned.
De fine the Risk Thre sholds se ction of the Risk M anage me nt Plan, and justify the v alue s assigne d. 10 %
Unacceptable
Did not submit or incompletely defined the Risk Thresholds section of the Risk Management Plan. Did not submit or incompletely justified the values assigned.
Needs Improvement
Partially defined the Risk Thresholds section of the Risk Management Plan, and partially justified the values assigned.
Competent
Satisfactorily defined the Risk Thresholds section of the Risk Management Plan, and satisfactorily justified the values assigned.
Exemplary
Thoroughly defined the Risk Thresholds section of the Risk Management Plan, and thoroughly justified the values assigned.
Cite thre e re fe re nce s. 10 %
Unacceptable
References were not provided or the references were not of a quality nature.
Needs Improvement
Fewer than three quality references were provided.
Competent
Three quality references were provided.
Exemplary
More than three quality references were provided.
Clarity, writing me chanics, and formatting re quire me nts. 10 %
Unacceptable
More than 6 errors present.
Needs Improvement
5–6 errors present.
Competent
3–4 errors present.
Exemplary
0–2 errors present.
w07a1 - uCertify Chapter 5 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 5 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard.
Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w08a1 - uCertify Chapter 6 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 6 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard. Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w08a2 - Risk Workshop and Risk Register
Summary
Click the linked activity title to access this assignment.
Text
Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another.
Write an 8–10 page paper in which you:
1. Identify the required pre-workshop activities. 2. Prepare a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two-Day Risk Workshop (Figure B-
8 in Practical Project Risk Management). Include suggested time intervals for each activity and justify why each agenda item is relevant for this case.
3. Determine the top five threats in a risk register following the Sample Simplified Risk Register Format (Figure B-11 in Practical Project Risk Management). Include information from the case for each threat.
Justify the assignment of probability and impacts for each threat identified.
4. Document the top three opportunities in a risk register following the Sample Simplified Risk Register Format (Figure B-11 in Practical Project Risk Management). Include information from the case for each opportunity.
Justify the assignment of probability and impacts for each opportunity identified.
5. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Create a risk register that assesses the probability of impacts for threats and opportunities and is informed by a risk workshop.
Scoring Guide
Ide ntify the re quire d pre -workshop activ itie s. 10 %
Unacceptable
Did not submit or incompletely identified the required pre-workshop activities.
Needs Improvement
Partially identified the required pre-workshop activities.
Competent
Satisfactorily identified the required pre-workshop activities.
Exemplary
Thoroughly identified the required pre-workshop activities.
Pre pare a risk workshop age nda base d on the Sample Age nda for a First Risk Asse ssme nt/Two-Day Risk Workshop. Include sugge ste d time inte rv als for e ach activ ity and justify why e ach age nda ite m is re le v ant for this case . 10 %
Unacceptable
Did not submit or incompletely prepared a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two- Day Risk Workshop. Did not submit or incompletely included suggested time intervals for each activity. Did not submit or incompletely justified why each agenda item is relevant for this case.
Needs Improvement
Partially prepared a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two- Day Risk Workshop. Partially included suggested time intervals for each activity, and partially justified why each agenda item is relevant for this case.
Competent
Satisfactorily prepared a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two- Day Risk Workshop. Satisfactorily included suggested time intervals for each activity, and satisfactorily justified why each agenda item is relevant for this case.
Exemplary
Thoroughly prepared a risk workshop agenda based on the Sample Agenda for a First Risk Assessment/Two- Day Risk Workshop. Thoroughly included suggested time intervals for each activity, and thoroughly justified why each agenda item is relevant for this case.
De te rmine the top fiv e thre ats in a risk re giste r following the Sample Simplifie d Risk Re giste r Format. Include information from the case for e ach thre at. 20 %
Unacceptable
Did not submit or incompletely determined the
Needs Improvement
Partially determined the top five threats in a risk register
Competent
Satisfactorily determined the top five threats in a risk
Exemplary
Thoroughly determined the top five threats in a risk
top five threats in a risk register following the Sample Simplified Risk Register Format. Did not submit or incompletely included information from the case for each threat.
following the Sample Simplified Risk Register Format. Partially included information from the case for each threat.
register following the Sample Simplified Risk Register Format. Satisfactorily included information from the case for each threat.
register following the Sample Simplified Risk Register Format. Thoroughly included information from the case for each threat.
Justify the assignme nt of probability and impacts for e ach thre at ide ntifie d. 10 %
Unacceptable
Did not submit or incompletely justified the assignment of probability and impacts for each threat identified.
Needs Improvement
Partially justified the assignment of probability and impacts for each threat identified.
Competent
Satisfactorily justified the assignment of probability and impacts for each threat identified.
Exemplary
Thoroughly justified the assignment of probability and impacts for each threat identified.
Docume nt the top thre e opportunitie s in a risk re giste r following the Sample Simplifie d Risk Re giste r Format. Include information from the case for e ach opportunity. 20 %
Unacceptable
Did not submit or incompletely documented the top three opportunities in a risk register following the Sample Simplified Risk Register Format. Did not submit or incompletely included information from the case for each opportunity.
Needs Improvement
Partially documented the top three opportunities in a risk register following the Sample Simplified Risk Register Format. Partially included information from the case for each opportunity.
Competent
Satisfactorily documented the top three opportunities in a risk register following the Sample Simplified Risk Register Format. Satisfactorily included information from the case for each opportunity.
Exemplary
Thoroughly documented the top three opportunities in a risk register following the Sample Simplified Risk Register Format. Thoroughly included information from the case for each opportunity.
Justify the assignme nt of probability and impacts for e ach opportunity ide ntifie d. 10 %
Unacceptable
Did not submit or incompletely justified the assignment of probability and impacts for each opportunity identified.
Needs Improvement
Partially justified the assignment of probability and impacts for each opportunity identified.
Competent
Satisfactorily justified the assignment of probability and impacts for each opportunity identified.
Exemplary
Thoroughly justified the assignment of probability and impacts for each opportunity identified.
Cite thre e re fe re nce s. 10 %
Unacceptable
References were not provided or the references were not of a quality nature.
Needs Improvement
Fewer than three quality references were provided.
Competent
Three quality references were provided.
Exemplary
More than three quality references were provided.
Clarity, writing me chanics, and formatting re quire me nts. 10 %
Unacceptable
More than 6 errors present.
Needs Improvement
5–6 errors present.
Competent
3–4 errors present.
Exemplary
0–2 errors present.
w09a1 - uCertify Chapter 7 Quiz
Summary
Click the linked activity title to submit the uCertify Chapter 7 Quiz.
Text
How to Submit Your Assignment
In order to successfully submit your assignment to the submission area, follow the directions:
Complete the assessment; your results will be displayed. Select “Share your result” from the results page menu items. Copy the URL and paste it into the assignment submission area in Blackboard. Once you have successfully pasted the results URL and included the assessment summary, you may submit your assignment for grading.
See the reference document, if you need additional help.
Note: Failure to submit the results URL into the assignment submission area in Blackboard will result in zero points for the assignment. Evidence of purposely skipped answers, incomplete answers, or limited effort is at the instructor’s discretion and may result in partial or incomplete credit for the assignment.
w10a1 - Project Progress
Summary
Click the linked activity title to access this assignment.
Text
Note: The assignments in this course are a series of papers that are based on the same case, which is located in the XanEdu tab in the left-hand menu of your course. The assignments depend on one another. During the project life cycle, project risk reviews and reports are required, as previously identified in the risk management plan. Two months after the project started, the following events have taken place:
The top two threats have occurred. The top opportunity has been realized. The project’s risk budget is already exhausted. The risk management schedule has been shortened by two months.
Write a 4–6 page paper in which you:
1. Analyze the impact of the events on the project. 2. Determine if any mitigation activities are required, and explain why. 3. Determine if budget or schedule changes are necessary, and explain why. 4. Update the risk register and highlight the changes made. Provide the justification for the changes. 5. Use at least four quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Assess the impact of events on the project's progress in order to determine an appropriate risk response plan.
Scoring Guide
Analyze the impact of the e v e nts on the proje ct. 20 %
Unacceptable
Did not submit or incompletely analyzed the impact of the events on the project.
Needs Improvement
Partially analyzed the impact of the events on the project.
Competent
Satisfactorily analyzed the impact of the events on the project.
Exemplary
Thoroughly analyzed the impact of the events on the project.
De te rmine if any mitigation activ itie s are re quire d, and e xplain why. 20 %
Unacceptable
Did not submit or incompletely determined if any mitigation activities are required. Did not submit or incompletely explained why.
Needs Improvement
Partially determined if any mitigation activities are required, and partially explained why.
Competent
Satisfactorily determined if any mitigation activities are required, and satisfactorily explained why.
Exemplary
Thoroughly determined if any mitigation activities are required, and thoroughly explained why.
De te rmine if budge t or sche dule change s are ne ce ssary, and e xplain why. 20 %
Unacceptable
Did not submit or incompletely determined if budget or schedule changes are necessary. Did not submit or incompletely explained why.
Needs Improvement
Partially determined if budget or schedule changes are necessary, and partially explained why.
Competent
Satisfactorily determined if budget or schedule changes are necessary, and satisfactorily explained why.
Exemplary
Thoroughly determined if budget or schedule changes are necessary, and thoroughly explained why.
Update the risk re giste r and highlight the change s made . Prov ide the justification for the change s. 20 %
Unacceptable
Did not submit or incompletely updated the risk register. Did not submit or incompletely provided the changes made along with the justification for the changes.
Needs Improvement
Partially updated the risk register, and partially provided the changes made along with the justification for the changes.
Competent
Satisfactorily updated the risk register, and satisfactorily provided the changes made along with the justification for the changes.
Exemplary
Thoroughly updated the risk register, and thoroughly provided the changes made along with the justification for the changes.
Cite four re fe re nce s. 10 %
Unacceptable
References were not provided or the references were not of a quality nature.
Needs Improvement
Fewer than four quality references were provided.
Competent
Four quality references were provided.
Exemplary
More than four quality references were provided.
Clarity, writing me chanics, and formatting re quire me nts. 10 %
Unacceptable
More than 6 errors present.
Needs Improvement
5–6 errors present.
Competent
3–4 errors present.
Exemplary
0–2 errors present.
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