QUESTION 3) The case study clearly state that the project was not successfully completed. As a project analyst, you are assigned by the project manager to prepare a complete risk register as a guidance for project team to run the execution. Four (4) risks should be identified and described to ensure the project team understands the use of risk registers. (20 marks)

The HELIX Automotive Co. Ltd is facing a period of significant change due to Covid 19 pandemic situation, driven by poor profitability, excess finished stock, overcapacity and less demand from customers. This is due to the process of selling cars from the existing stocks which may not be able to fulfil customer requirements based on their preferences. Shifting their business models away from mass production toward mass customization and build-to- order is the best option towards vehicle manufacturer to overcome these issues. Conversion of the business model from the ready stock to build to order would increase existence system efficiency in terms of order execution and information flow integration. Therefore, in order to compete with the current trend of build-to-order vehicles manufacturing, HELIX Automotive Co. Ltd implemented a '35Challenge' project to develop framework based on customer specification in which a vehicle can be built and transport to customer in minimal lead times within 15 days order-to-delivery (OTD) time as the ultimate goal for the project. However, '35Challenge' project was not successfully implemented due to the project management team unable to: i) develop a proper project scope, ii) balance between scope and time to achieved project goal, iii) identify appropriate resources, iv) clearly state the contingency plan to mitigate risks Due to this limitation, '35Challenge' project was unable to meet customer requirements, because vehicles built to individual specification could not be delivered within the required time and 20% of the development requirements were not based on customer specification. The project management team faced obstacles in the project due to a poorly written project charter due to improper work authorization as the responsibilities and roles were not clearly stated in the project charter. The CEO is concerned that the '35Challenge' project is a crucial project to meet the automotive market competency in meeting the build-to-order trend and the CEO has decided to recover the '35Challenge' project