COURSE PROJECT -PART 2

GETTA BYTE SOFTWARE PROJECT-RISK REGISTER TEMPLATE MUST BE COMPLETED

SECTION F: 

To complete this section, you must continue working on your MS Project file and add the information in the Week 5 Getta Byte project video.

• Step 1: Allocate resources.
• Step 2: Review costs.
• Step 3: Analyze your resource allocation and assignments.
• Step 4: Print the Gantt chart.
• Step 5: Print resource allocation report.
• Step 6: Print the project budget report.

Note: Microsoft Project is a project management information system (PMIS) designed to aid project managers in the development of schedules, assigning of resources, tracking progress, managing the budget, and analyzing workloads for projects. In this course, the Microsoft Project schedule is created in Section E and completed in Section F after adding the allocation and budgeting of resources.

SECTION G: 

Use the Risk Register Template spreadsheet to complete your assignment.

• Identify and analyze your project risks.
• Plan and implement risk responses.
• Monitor the project risks.

Instructions

1. Review the Week 6 Getta Byte Software Risk Management video located in the Week 6 Lesson; the video provides examples of 3 negative risks.
2. Apply the risk management process learned in the Week 6 reading assignments (i.e., Chapter 11 of the Contemporary Project Management textbook and Part 1 Section 11 of the PMBOK® Guide. to identify, assess, and plan risk responses for five positive and five negative risks other than the examples provided in the video using the Risk Register Template located in the Project Templates section below.
   
   1. For the risk identification process, be sure to assess the following process inputs: 1) Internal and external enterprise environmental factors and 2) the organizational process assets. Next, proceed to complete the following identification columns in the Risk Register Template.
      
      • Category
      • Risk Name
      • Risk Description
      • Risk Owner
      • Reason/Root Cause
      • Effect/Impact on Project Objectives
   2. For the assessment process complete the following columns.
      • Probability of occurrence
      • Impact/Cost
      • Impact/Time
      • Impact/Quality
      • Risk Score (i.e., probability times impact)
   3. For the Plan Risk Response process complete the following columns.
      • Risk Response Strategy
      • Cost

Note: The risks identified in the Week 6 Getta Byte project video are negative risk examples.

CONCLUSION: 

• Describe how the student applied theoretical and technical knowledge of the project management discipline to manage the course project successfully.
• Conduct a short self evaluation on how successfully the project management concepts, techniques, and skills have been applied to the course project.