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Unit 4 - Individual Project
Assignment Details
Assignment Description
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty
policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
Assignment:
For this assignment, you will determine how you will monitor the risks that you have projected, as well as the unknown risks that occur during the course of the project. You
will also formulate a control plan once a risk has been identified during the monitoring process.
As part of the monitoring and control process, you will need to identify who plays what role in this process, also known as the risks responsibility plan. One method is to
construct a RASI matrix that is similar to the following example:
Please note that the risk categories and names are very general in this example, and you will have more specific risk categories that are based on Weeks 1 and 2's work.
Deliverables:
The overall project deliverables are the following:
1. Update the Key Assignment Document title page with a new date and project name.
2. Update previously completed sections based on instructor feedback.
3. Complete New Content below and copy it under the sections in the Key Assignment Document that are called "Project Risks Responsibility Plan" and "Project Risks
Monitoring and Control Plan."
New Content
Project Risks Responsibility Plan
Include a responsibility matrix listing the stakeholders and project team members, with risk actions (or category of actions) along the top.
Next, fill in the table using the following letters, and refer to the examples in the Assignments section as "R" if they are responsible for monitoring
and controlling the risk, "A" if they are the approver for taking action to respond to the risk, "S" if they have a support role in responding to the
risk, and "I" if they only need to be informed. This is also known as a RASI chart.
Project Risks Monitoring and Control Plan
Include a detailed description of the overall monitoring process, including the techniques that will be used to monitor the existence and impact of
individual risks.
Include a detailed description of the control process when a risk occurs.
Include a diagram flowchart to depict the steps in the control process from risk discovery through risk response.
4. Be sure to update your table of contents before submission.
5. Name the document "yourname_MPM344_IP4.doc."
6. Note that this document will also be submitted as you Key Assignment Draft in the next Discussion Board.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials including the Project Management Center by clicking
here.
Reading Assignment
Practice Standard for Project Risk Management, Chapter 9
A Guide to the Project Management Body of Knowledge (PMBOK Guide)—Fifth Edition: Chapter 11 section 11.6
“PMBOK” is a registered mark of Project Management Institute, Inc.
Assignment Objectives
Understand how risk management is integrated as a component into the total project management approach.
Recognize and achieve basic competency in the qualitative analysis of risk.
Employ the techniques for monitoring and controlling risks.
Other Information
There is no additional information to display at this time.
Legend
Extra Credit View Assignment Rubric
Assignment Overview
Type: Individual Project
Unit: Controlling Project Risk
Due Date: Mon, 10/31/16
Grading Type: Numeric
Points Possible: 150
Points Earned: 0
Deliverable Length: 1,000 - 1,250 words of new content
Go To:
Assignment Details
Scenario
Learning Materials
Reading Assignment
My Work:
Online Deliverables: Submissions
®
2:49 PM (CDT)
Privacy Statement Terms and Conditions Contact Us
© 2016 Colorado Technical University. All Rights Reserved. Authorized Users Only.
Unit 4 - Individual Project
Assignment Details
Assignment Description
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty
policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
Assignment:
For this assignment, you will determine how you will monitor the risks that you have projected, as well as the unknown risks that occur during the course of the project. You
will also formulate a control plan once a risk has been identified during the monitoring process.
As part of the monitoring and control process, you will need to identify who plays what role in this process, also known as the risks responsibility plan. One method is to
construct a RASI matrix that is similar to the following example:
Please note that the risk categories and names are very general in this example, and you will have more specific risk categories that are based on Weeks 1 and 2's work.
Deliverables:
The overall project deliverables are the following:
1. Update the Key Assignment Document title page with a new date and project name.
2. Update previously completed sections based on instructor feedback.
3. Complete New Content below and copy it under the sections in the Key Assignment Document that are called "Project Risks Responsibility Plan" and "Project Risks
Monitoring and Control Plan."
New Content
Project Risks Responsibility Plan
Include a responsibility matrix listing the stakeholders and project team members, with risk actions (or category of actions) along the top.
Next, fill in the table using the following letters, and refer to the examples in the Assignments section as "R" if they are responsible for monitoring
and controlling the risk, "A" if they are the approver for taking action to respond to the risk, "S" if they have a support role in responding to the
risk, and "I" if they only need to be informed. This is also known as a RASI chart.
Project Risks Monitoring and Control Plan
Include a detailed description of the overall monitoring process, including the techniques that will be used to monitor the existence and impact of
individual risks.
Include a detailed description of the control process when a risk occurs.
Include a diagram flowchart to depict the steps in the control process from risk discovery through risk response.
4. Be sure to update your table of contents before submission.
5. Name the document "yourname_MPM344_IP4.doc."
6. Note that this document will also be submitted as you Key Assignment Draft in the next Discussion Board.
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials including the Project Management Center by clicking
here.
Reading Assignment
Practice Standard for Project Risk Management, Chapter 9
A Guide to the Project Management Body of Knowledge (PMBOK Guide)—Fifth Edition: Chapter 11 section 11.6
“PMBOK” is a registered mark of Project Management Institute, Inc.
Assignment Objectives
Understand how risk management is integrated as a component into the total project management approach.
Recognize and achieve basic competency in the qualitative analysis of risk.
Employ the techniques for monitoring and controlling risks.
Other Information
There is no additional information to display at this time.
Legend
Extra Credit View Assignment Rubric
Assignment Overview
Type: Individual Project
Unit: Controlling Project Risk
Due Date: Mon, 10/31/16
Grading Type: Numeric
Points Possible: 150
Points Earned: 0
Deliverable Length: 1,000 - 1,250 words of new content
Go To:
Assignment Details
Scenario
Learning Materials
Reading Assignment
My Work:
Online Deliverables: Submissions
®
