steve jobs 2
Will Wheaton
WEEK6PORTFOLIOMILESTONESUBMITTED.docxWEEK 6 PORTFOLIO MILESTONE SUBMITTED
Risk Register
There a number of challenges which might be associated with the project of implementing adult education in the state? In this project, the uncertainties that might result in the course of the project are considered to be a risk. This paper gives tries to develop some of the risk associated with the project of implementing adult education project in the United States of America.
Project description
The adult education project involves studies which are given to the older person out of the youth limit to further their knowledge and skills in the various jurisdiction. It encompasses the in-service training for adult workers in the job position and those which are conducted by the person after the retirement period(Nunley, 2007). This project focus on the education training for adult individuals after the retirement period and those within the same age gap, whether under the retirement age or those who did not have jobs(McNeil, Frey, & Embrechts, 2015).
The reason for this project is laid on the fact that many adult individuals do not have the proper means of conducting themselves at older age limits, especially when their young ones are not present with them at home or within their reach. Normally they are forced to the adult care services, which is not within their needs and interests(Ward & Chapman, 2003). This happens just because of lack of adequate knowledge and skills to operate and run their lives effective at this stage of living. The project is thus aimed at equipping these older people with necessary skills for appropriate societal stays and cope up(McNeil et al., 2015).
Risk management scope and objectives
Some of the risks which are likely to occur in this kind of project include the low turnout of the targeted adult population, the budget estimate for the program may be too low to sustain the number of days which the project is meant to last(Lock, 2017). Failure in the approaches to make the adult learners be interested in the project may be another risk as it is quite hard to draw the interest of the adult(Larson & Gray, 2013).
The scope of this management is to cover all the aspects of the predicted risks and reduce their chances of occurring. Therefore, the end result is to see that all the adult target for this project has all the capacity to attend the processes involved without the limits caused by the management. The aim of the project is to ensure that the project is conducted with least possible chances of failure.
Risk Management Methodology
The risk listed above will be identified in various stages of the project. The turnout of the targeted population will be identified at the need assessment stage to determine the approximate population that needs the services(Lock, 2017). The risk comes in when the targeted population is exceeded, or there be a low turnout according to the number originally determined. In case of higher turnout on the number originally determined, there will be a hitch in the size of the venue for conducting the project as the number may exceed the carrying space of the hall of training. This may result in to raise in the budget or failure to accommodate all the needed population(Ward & Chapman, 2003). The chances of this risk occurring are high. In the case of low turnout, there will be wastage on the resources initially allocated. The chances of this occurring are very low.
In consideration of the risk concerning the budget allocation, the higher turnout will imply higher demand for resources. This kind of risk will be identified in the course of the project. The requirements of this activity may high in terms of their cost hence making the budget to be higher. This will require an emergency allocation of higher resources in this line. The chances of this risk occurring are also very high(Larson & Gray, 2013).
The need and interest of the population will be determined during the project evaluation stage. The kind of response that is given by the participants or the population of the target will give an evaluation of the methodology as well. In case of failure results, there will be a need to restructure the methodology strategies to make the interest of the population drawn to the project which will result in additional cost(Dooley, 2017). The chances of this risk occurring are medium.
Risk Management Organization
The team conducting the project works in a way to lay down mechanisms to ensure that in case of the occurrence of these risks, the consequences do not bring about the failure of the whole project(Lock, 2017). In terms of the population, the project team will work with the number that is not fixed so that in case of any deviation in the population, it does not affect the budget estimate. The needs of the projects will be properly analyzed and a given allowed to cater for the effects of any additional budget from the original one(Dooley, 2017).
The interest of the population, especially for the project will be analyzed in detail such that the kind of methodology to be used in such scenario will be the one which covers most of the areas of concern to these individuals so that they do not get bored in the process. In addition, there will be an additional budget that will be to cater for the revision of the methodology in case need be(Snyder, 2014).
Reference
Larson, E. W., & Gray, C. (2013). Project management: The managerial process with MS project: McGraw-Hill.
Lock, D. (2017). The essentials of project management: Routledge.
McNeil, A. J., Frey, R., & Embrechts, P. (2015). Quantitative risk management: Concepts, techniques and tools: Princeton university press.
Nunley, C. R. (2007). Community colleges may be losing their edge in educating adults. Chronicle of Higher Education, 54(9), B18.
Snyder, C. S. (2014). A guide to the project management body of knowledge: PMBOK (®) guide. Project Management Institute: Newtown Square, PA, USA.
Ward, S., & Chapman, C. (2003). Transforming project risk management into project uncertainty management. International journal of project management, 21(2), 97-105.
