BUS 519 (Project Risk Management) Complete Assignment

BUS 519 (Project Risk
Management) Complete
Assignment
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BUS 519 (Project Risk Management) Complete Assignment
BUS 519 Assignment 1: Assess Organizational Readiness ( EQI in SIWA )
Due Week 3 and worth 200 points
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.Â
Review the assigned case study and complete this assignment.
Write a 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 studentâ€s name, the
professorâ€s name, the course title, and the date. The cover page and the reference page are not
included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Analyze the critical success factors (CSFs), project benefits, and organizational readiness and
risk culture of the company.
Apply the results of this analysis to the development of project risk recommendations.
Use technology and information resources to research issues in project risk management
Write clearly and concisely about project risk management using proper writing mechanics.
BUS 519 Assignment 2: Risk Management Plan ( EQI in SIWA )

Due Week 4 and worth 240 points
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) page 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 studentâ€s name, the
professorâ€s name, the course title, and the date. The cover page and the reference page are not
included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Apply the concepts of risk management in a project context to develop an appropriate risk
management plan as a key element of the project management process.
Survey the project sponsor, stakeholders, team membership and key decision influencers to
develop a qualitative assessment of the project risks and apply the results to further refine the project
risk management plan.
Create a schedule of project risk reviews appropriate to the organization and risk including
major, minor, and post-project threats and opportunities, including archiving the results of the project
risk plan is incorporated into this schedule.
Use technology and information resources to research issues in project risk management
Write clearly and concisely about project risk management using proper writing mechanics.
BUS 519 Assignment 3: Risk Workshop and Risk Register ( EQI in SIWA )

Due Week 6 and worth 240 points
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.
Write an eight to ten (8-10) 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.Â
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 studentâ€s name, the
professorâ€s name, the course title, and the date. The cover page and the reference page are not
included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Assess and prioritize risks to the project through an analysis of the active threats and
opportunities presented.
Apply the Active Threats and Opportunities Management (ATOM) process to ensure a
consistent, measurable result of this analysis.
Use technology and information resources to research issues in project risk management
Write clearly and concisely about project rik management using proper writing mechanics.
BUS 519 Assignment 4: Project Progress ( EQI in SIWA )
Due Week 9 and worth 200 points

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.
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 projectâ€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) page paper 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 studentâ€s name, the
professorâ€s name, the course title, and the date. The cover page and the reference page are not
included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Given an information requirement related to project risk management, determine the nature
and extent of information needed to effectively address the topic; efficiently locate, determine the
validity, and critically evaluate the resources; and apply the information to accomplish the specific
purpose (report, case analysis, factual requirement, problem solving, and planning).
Use technology and information resources to research issues in project risk management.
Write clearly and concisely about project risk management using proper writing mechanics.