3.c. You have just been hired by the Tobago Tourism Authority as a project manager. You...
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3.c. You have just been hired by the Tobago Tourism Authority as a project manager. You are immediately assigned to a project to develop a new hotel on the island. Further, you require the services of a number of sub- contractors to complete the design and development of this project. Your manager is keen on progressing the project forward quickly as possible due to political pressures but you noticed that the project risks have not been identified satisfactorily inclusive of whether the hotel will be a viable commercial success. Write a memo to your manager briefly discussing at least three types of risk (by cluster) that you are likely to encounter in this project and illustrate at least three mitigation strategies you would recommend in deciding how to address such risks. (6 marks) 3.d. The conclusion of a project involves a tremendous amount of paperwork needed to close off any project. As part of the team in UWI's Project Office, you have been asked by your manager to document some of the most important elements of this phase. Briefly describe the different elements that must be considered during project close-out, using an example to illustrate each of these methods, through either your school or work experience. (4 Marks) 3.c. You have just been hired by the Tobago Tourism Authority as a project manager. You are immediately assigned to a project to develop a new hotel on the island. Further, you require the services of a number of sub- contractors to complete the design and development of this project. Your manager is keen on progressing the project forward quickly as possible due to political pressures but you noticed that the project risks have not been identified satisfactorily inclusive of whether the hotel will be a viable commercial success. Write a memo to your manager briefly discussing at least three types of risk (by cluster) that you are likely to encounter in this project and illustrate at least three mitigation strategies you would recommend in deciding how to address such risks. (6 marks) 3.d. The conclusion of a project involves a tremendous amount of paperwork needed to close off any project. As part of the team in UWI's Project Office, you have been asked by your manager to document some of the most important elements of this phase. Briefly describe the different elements that must be considered during project close-out, using an example to illustrate each of these methods, through either your school or work experience. (4 Marks)
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3c Dear Manager As the new project manager for the Tob ago Tourism Authority I have identified three types of risk that may occur during the developme... View the full answer
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Managerial Accounting
ISBN: 978-0078111006
14th edition
Authors: Ray Garrison, Eric Noreen and Peter Brewer
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