Question: Please provide 5 Risk statements and each risk statement must have the cause and impact in a short line. Also, each risk statement must have
Please provide 5 Risk statements and each risk statement must have the cause and impact in a short line. Also, each risk statement must have Triggers, Risk response, Residual risk or Secondary risk, Contingency plan and Fallback plan. for the case study mentioned below.
1) Risk statement 1:
Triggers:
Risk response:
Residual risk or secondary risk:
Contingency plan:
Fallback plan
2) Risk statement 2:
Triggers:
Risk response:
Residual risk or secondary risk:
Contingency plan:
Fallback plan
3) Risk statement 3:
Triggers:
Risk response:
Residual risk or secondary risk:
Contingency plan:
Fallback plan
4) Risk statement 4:
Triggers:
Risk response:
Residual risk or secondary risk:
Contingency plan:
Fallback plan
5) Risk statement 5:
Triggers:
Risk response:
Residual risk or secondary risk:
Contingency plan:
Fallback plan
Case study:
A medical device company just won a contract to place their devices into the cancer clinic at a hospital. The
hospital currently uses a competitors' device in the rest of the hospital. The win is significant, and it counts
towards strategic sales targets for new business. The sales manager needs help from the Conestoga Post
Grad students as the assigned project manager is not following best practices. The only source of
documentation is meeting minutes and they are not being kept current. Your professor has added a high-level
project budget, RBS, heat map, and impact scale to understand the project better. The Sales Manager is very
concerned the project experience will decrease the customer's confidence in his company.
Here is a summary of some of the main challenges
Project Manager is not keeping the lines of communication open, minutes are distributed minutes
before meeting start
There is not a project management plan in place, or even a schedule
Meeting attendance is sporadic
Team members are not sure what is expected or what the target dates are
The Sales Manager is not invited to meetings
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