Project to open an Online Store

Guidelines for your project

• Think of a project that will utilize most (if not all) areas of project management
• A project that would take approx. 6 months (from start to finish)
• Not a multi-billion-dollar project - keep manageable (e.g. $100K-$10 million range)
• A project that takes time/effort to PLAN, do not focus on EXECUTION of the project
• Be creative! Come up with your own ideas

Stakeholder Assessment

• Identify and list at least 5 stakeholders on your project
• What is their title in the organization?
• What role do they play on the project (e.g. SME)?
• What level of power do they have in the organization (Low or High)?
• What level of interest do they have in the organization (Low or High)?
• What requirements do they have on the project?
• What concerns do they have about the project?

Risks and Mitigation Strategies

• Identify at least 5 risks for your project
• Provide a description of the risk
• Assess the Probability and Impact of each of the 5 risks
• Calculate the Score for each of the 5 risks (Probability x Impact)
• Develop a Risk Response Strategy (i.e. how will you respond to each of the 5 risks - transfer, mitigate, accept, or retain?)
• What is your contingency plan for each of the 5 risks?
• What is the potential trigger for each contingency?
• What is the status for each risk (open, closed, or in-progress

I want a stakeholders assessment and risks and mitigations for creating a online store project