Question: As a project manager that involved in MRT project from Sungai Buloh to Putrajaya, Package 2, youve determined that the progress of the project is

As a project manager that involved in MRT project from Sungai Buloh to Putrajaya, Package 2, youve determined that the progress of the project is slightly delay from project schedule with 15 days delayed due to several reasons. You need to give a presentation report to your CEO and Board of Directors regarding this matter and provide solution to the problems.

Based upon your answer, how can you manage the project risk by implementing a systematic thinking approach? Discuss and explain your answer by using some illustration based on the current situation of the project?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

As a project manager that involved in MRT project from Sungai Buloh to Putrajaya, Package 2, youve determined that the progress of the project is slightly delay from project schedule with 15 days...

question 2.Elaborate on risk assessment as per the Task Initiation Procedure (TIP) and oversight processes TETRA TECH EC AND RISK MANAGEMENT As Don Rogers, chief operating officer of the remediation...

Q-1 Read the case properly and elaborate on risk assessment and Link your analysis to Don Rogers feeling about Tetra Techs risk. What has Tetra Tech done to overcome the difficulties associated with...

Public-Private Partnerships Case Study #1 Traffic Demand Risk: The case of Bangkok's Skytrain (BTS) by Mathieu Verougstraete and Isabelle Enders (March 2014) The following case study examines the...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

This quiz consists of 60 Multiple Choice-Questions (MCQs). 1. The chances of a risk event occurring as a project proceeds through its life cycle tend to A. Slowly rise B. Drop sharply and then level...

Project Management Casebook David I. Cleland, Karen M. Bursic, Richard Puerzer, and A. Yaroslav Vlasak Library of Congress Cataloging-in-PublicationData Project management casebook /edited by David...

We are going to calculate the mean, median, and mode for two sets of data. Please show your answer to one decimal place if necessary. Here is the first data set. 27 43 57 58 34 26 97 a. what is the...

Gillian Armes invested $10 000 in an income fund at 13% compounded semi- annually for 20 years. After 20 years, she is to receive semi-annual payments of $10 000 at the end of every 6-month period...

15. (LO2) The sub-prime crisis demonstrated the enormous social costs arising from the misuse of financial engineering. What do you think caused this misuse? How can it be prevented in the future?

5. Why, according to Alfred Chandler, was American manufacturing in the early 1900s dominated by large vertically integrated firms? 6. By the 20th century, manufacturing was the largest sector of the...