Business Finance - Operations Management Week 6 assignment

Summarize your project in 3-4 sentences. Include desired outcomes for implementation and risk tolerance. Include the following:

· The organization's name and main product or service

· The purpose of this project

· A clear description of the project, its purpose, and its relationship to the organization's business objectives

Describe/explain how you evaluated and selected project management tools. You may provide this information in paragraph form or in the table provided. In the first column write the tool’s name. In the second column, write a description of the tool, including main features and the value of the tool to the project.

Discuss the natural and human risk factors associated with your project, provide a value (likelihood or probability percentage of this risk happening), the cost to the project of this risk occurring. Refer to the risk management matrix you completed previously in Wk 4 - Summative Assessment: Risk Analysis Presentation for this section.

Determine the metrics that you will use to measure project quality and project performance; include values that would indicate success if you can. Remember, project quality is conformance to project requirements and that the project ultimately accomplishes the intent.

Establish a general framework to monitor the project. An overall summary of monitoring the project should be provided along with a separate, short paragraph for each of the following on how they will be monitored during your project: Schedule, Budget, Critical Path, Resource Levels, Change Requests, and Scope Creep.

Include recommendations for project management software that you determined to be useful. Include your justification for selecting this tool and how it supports your quality metrics and monitoring strategies.

List all resources used and cite each in APA format.

Summarize your project in 3-4 sentences. Include desired outcomes for implementation and risk tolerance. Include the following:

· The organization's name and main product or service

· The purpose of this project

· A clear description of the project, its purpose, and its relationship to the organization's business objectives

Describe/explain how you evaluated and selected project management tools. You may provide this information in paragraph form or in the table provided. In the first column write the tool’s name. In the second column, write a description of the tool, including main features and the value of the tool to the project.

Discuss the natural and human risk factors associated with your project, provide a value (likelihood or probability percentage of this risk happening), the cost to the project of this risk occurring. Refer to the risk management matrix you completed previously in Wk 4 - Summative Assessment: Risk Analysis Presentation for this section.

Determine the metrics that you will use to measure project quality and project performance; include values that would indicate success if you can. Remember, project quality is conformance to project requirements and that the project ultimately accomplishes the intent.

Establish a general framework to monitor the project. An overall summary of monitoring the project should be provided along with a separate, short paragraph for each of the following on how they will be monitored during your project: Schedule, Budget, Critical Path, Resource Levels, Change Requests, and Scope Creep.

Include recommendations for project management software that you determined to be useful. Include your justification for selecting this tool and how it supports your quality metrics and monitoring strategies.

List all resources used and cite each in APA format.