Professional Documents
Culture Documents
9295418
9295418
9295418
Group A:
Timothy Flannigan, Candace Hunt, Bobby McCrary,
Karie Smithers and Stacy Welk
• Company Project
• Budget Constraints
• Customer Satisfaction
• Project Risks
• Summary
Peak Systems
• Meridian, Louisiana
Project
Date
1. Hardware January
22
26
• Budget Constraints
• Customer Satisfaction
Risk Assessment Form
Risk Likelihood Impact Detection When
Event Difficulty
Milestones 3 3 1 Each
not met
Budget 1 3 1 Each
over Milestone
obligated
Timing of 3 1 1 Each
Resources Milestone
Customer 1 5 3 Each
Satisfactio Milestone
n
Setbacks: 3 1 1 Each
unexpecteLikelihood: 5 represents greatest to 1 with least probability of Milestone
d eventsoccurrence
Impact: 5 represents gravest to 1 with least jeopardizing project
deliverables
Detection Difficulty: 5 represents hardest to 1 with least difficulty
Risk Response Matrix
Risk Response Contingency Trigger Who is
Event Plan Responsible
Milestones Mitigate: Share Complete Team
Structure important before project
development tasks w/ kickoff
Plan workers
Budget Mitigate: Set a Plan Must be Managers
Restriction time-phased accordingly worked into
s budge development
plan
Timing of Mitigate: Have Implement Team
Resources Prioritize and Replacements timing
allocate available throughout
resources project
Customer Mitigate: Understand Must have Project
Satisfactio Educate & project scope involvement Manager
n involve through start to finish
completion
Setbacks: Mitigate: Plan Have a plan B Identify risk Project
unexpecte into budget and throughout Manager
Summary
• Objective
• Milestones
• Budget
• Setbacks
• Customer Satisfaction
• Risks
References
Dr. Susan Michie. (2002). CAUSES AND MANAGEMENT OF STRESS AT WORK. Occupational and
Environmental Medicine, 59:67-72.
Erik W. Larson, Clifford F. Gray. (2011). Project Management the Managerial Process. New York: McGraw-Hill
Companies, Inc.
Higginbotham, J. (208, March 31). Project Planning: Identify Milestones, Assumptions, and Tasks. Retrieved
September 16, 2011, from Volunteer Centered:
http://www.volunteercentered.com/2008/03/31/project-planning-identify-milestones-assumptions-and-tasks/
JOHN R. DRAKE, TERRY ANTHONY BYRD. (2006). RISK IN INFORMATION TECHNOLOGY PROJECT
PORTFOLIO MANAGEMENT. JOURNAL OF INFORMATION TECHNOLOGY THEORY AND APPLICATION, 1-
11.
Kim, S.-c. (2009). Project success indicators focusing on residential projects: are schedule performance index and
cost performance index accurate measures in earned value? Canadian Journal of Civil Engineering, 1700.
University of Wisconsin. (2006, February 1). Develop High-Level Milestones and Timeline. Retrieved September 16,
2011, from Project Management Advisor: http://pma.doit.wisc.edu/initiate/4/print.html