BUS 519 Entire Course Project Risk Management

BUS 519 Entire Course Project Risk Management
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BUS 519 Assignment 1 – Assess Organizational Readiness

Note: The assignments are a series of papers that are based on the same case, which is located in
the Student Center of the course shell. The assignments are dependent upon one another.
Review the assigned case study (attached) and complete this assignment.
Write five to seven (5-7) 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 (3) project risk recommendations based on the analysis from
criteria number 1 and 2 of this assignment.
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, Hillson & Simon text).
5. Use at least four (4) quality resources in this assignment.
Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:


Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins
on all sides.



Include a cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.

BUS 519 Assignment 2 – Risk Management Plan

Note: The assignments are a series of papers that are based on the same case, which is located in
the Student Center of the course shell. The assignments are dependent upon one another.

In this assignment, you will create a risk management plan. You have a budget of $100,000 and a
timeline of six (6) months for the plan. Please refer to Figure A-1, Risk Management Plan
Template, from Appendix A of the Hillson and Simon text to create the plan.
Write an eight to ten (8-10) pages paper Risk Management Plan Component 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 Figure 3-4, Example Project Sizing Tool (Chapter 3 of the Hillson
and Simon text).
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 selection.
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.

Your assignment must follow these formatting requirements:


Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins
on all sides.



Include a cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.

BUS 519 Assignment 3 – Risk Workshop and Risk Register

Write an eight to ten (8-10) pages paper Risk Workshop and Risk Register Component paper in
which you:

1. Identify the required pre-workshop activities.
2. Prepare a risk workshop agenda based on Figure B-8, Sample Agenda for a First Risk
Assessment / Two – Day Risk Workshop (Appendix B of the Hillson and Simon
text). Include suggested time intervals for each activity and justify why each agenda item
is relevant for this case.
3. Determine the top five (5) threats in a risk register following Figure B-11, Sample
Simplified Risk Register Format (Appendix B of the Hillson and Simon text). Include
information from the case for each threat.
4. Justify the assignment of probability and impacts for each threat identified in criterion
number 3 of this assignment.
5. Document the top three (3) opportunities in a risk register following Figure B-11, Sample
Simplified Risk Register Format (Appendix B of the Hillson and Simon text). Include
information from the case for each opportunity.
6. Justify the assignment of probability and impacts for each opportunity identified in
criterion number 5 of this assignment.
1. Use at least two (2) quality resources in this assignment.
Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:


Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins
on all sides.



Include a cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.

BUS 519 Assignment 4 – Project Process

Note: The assignments are a series of papers that are based on the same case. The assignments
are dependent upon 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:
1. The top-two (2) threats have occurred.
2. The top opportunity has been realized.
3. The project’s risk budget is already exhausted.
4. The risk management schedule has been shortened by two (2) months.
Write a five to seven (5-7) pages spaper in which you:
1. Analyze the impact of those events on the project.
2. Determine if any mitigation activities are required and explain why.
3. Determine if budget / 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 (4) quality resources in this assignment.
Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:


Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins
on all sides.



Include a cover page containing the title of the assignment, the student’s name, the
professor’s name, the course title, and the date. The cover page and the reference page are
not included in the required assignment page length.