IMPORTANT: Please follow the intructions and do NOT use ANY plagiarism, please upload a
- Write around 200 words for part 1 and 200 words for part 2, thank you.
- Please use the textbook if needed: https://read.amazon.com/sample/B00TRF2OGW?f=1&r=b1b82c5c&sid=147-8543008-5339441&rid=&cid=A1HIGG3UZTV8GO&clientId=kfw&l=en_US&asin=B00TRF2OGW&revisionId=b1b82c5c&format=1&depth=1
Answer/comment on the following:
- Discussion #1: How can the way that you define the “deliverables” due in a contract, aid you in reducing risk? Describe a situation where a poor definition of the deliverable caused you problems.
- Discussion #2: Why can defining and estimating “activity” be so difficult? Describe a situation where a poor estimate of activity caused you problems.
With regards to the “”Rationale” column in the Risk Identification table, I am looking for a brief description of why you consider the item to be a risk to the project, e.g. what is the possible impact that the item could have on the project, how might it effect other tasks on the project, might the item lead to the need for possible changes to the project in the future. Let’s say that you identified a Schedule risk of “Adequate, properly trained local labor may not be available at project start (Learning curve for local labor force exceeds estimates).” The Rationale might be something like:
- Unknown level of current skills and capabilities of local labor.
- Specific specialized skills are required for system installation and test.
- A training protocol has not yet been defined at the program level.
- Inability of local labor to perform technical tasks may require changes to project staffing.
This week, you will need to submit your proposed Final Research Paper topic for approval. I encourage you to select a risk management topic that is meaningful and supportive of your own endeavors, either personally or professionally. The following example topics are provided to help get your ideas flowing:
1) The Role of Decision-making in Risk Management
2) Bias in Risk Management: The Optimist or the Pessimist
3) Mobile Device Impact on Risk Management
4) Developing a “Risk-Aware” Culture
For the purpose of submitting your topic this week, all that is needed is 1-2 sentences describing the focus of your intended research. The actual research paper should include a description of the topic, its value in helping to successfully execute projects, an examination of how different project roles may apply to the topic, and an analysis of how the technique or approach can be applied to projects in the student’s professional or personal life. Please submit your topic, including a brief description