Professional Documents
Culture Documents
Request 2
Risk Title: Technical Issues during the Event
Risk Impact: High
Risk Probability: Moderate
Risk Exposure: The risk exposure is high during the running event phase
when technical issues may disrupt the schedule of the convocation day ,
affecting live streaming, audio systems, or other event-related technologies.
Risk Mitigation Actions:
- Conduct thorough technical rehearsals in the actual event space to
identify and resolve potential issues.
- Have a dedicated technical support team on standby during the event to
address any immediate problems.
- Use reliable and tested equipment and software to minimize the
likelihood of technical failures.
Risk Contingency Actions: Contingency plan *(unforeseen risk )
- Establish a backup plan for critical technical components, such as a
secondary internet connection or backup audio systems.
Risk Title: Guest/ Speaker Unavailability
Risk Impact: Moderate
Risk Probability: Low
Risk Exposure: The risk exposure is during the planning phase and
executing phase when confirming guest speakers. If a scheduled speaker
becomes unavailable, it could impact the overall event program and
experience for attendees.
Risk Mitigation Actions:
Confirm speaker availability well in advance and have backup speakers
identified.
Maintain clear communication with potential speakers and have a
contingency plan in place in case of unforeseen circumstances.
Risk Contingency Actions:
Develop a list of alternative speakers who are willing and available to step
in if needed.
Establish a communication plan to inform attendees promptly and
transparently about any changes to the speaker lineup, ensuring minimal
disruption to the event.
SV = EV - PV
CPI = EV/AC
SPI = EV/PV
EAC = BAC/CPI
EDAC = DAC/SPI
ETC = EAC - AC
EAC = AC + ETC: This formula is the most generic and is often used when
BAC is estimated from inaccurate or erroneous data. In this case, the EAC
represents the sum of Actual Cost (AC) and Estimate to Completion (ETC).
EAC = BAC / CPI: This is the most recommended calculation when the project
is in progress without interference. To check the EAC, divide the BAC by the
Cost Performance Index (CPI).
EAC = AC + (BAC – EV )/ CPI x SPI: This is the formula used when
schedule delays and expenses increase. In this case, it’s necessary to add the
Schedule Performance Index (SPI) and the Earned Value (EV) to the equation.
EAC = AC + (BAC – EV) This formula is used when unforeseen events are
overcome, and it’s believed that new interference will not occur until the end of
the project.
Request 3
ES Duration EF
< Activity>
LS Float LF
Path 1 Start -> A -> F -> G -> E -> End duration 11 weeks
Path 2 Start -> A -> F -> C -> End duration 5 weeks
Path 3 Start -> D -> F ->G -> E -> End duration 17 weeks -> critical path
Path 4 Start -> D-> F -> C -> End duration 11 weeks
Path 5 Start -> D -> H -> B -> End duration 16 weeks
Project duration is 17 weeks