Question: Some Project managers include contingency plans, fallback plans and contingency reserves when planning a project risks.with the use of Project that you are familiar with

Some Project managers include contingency plans, fallback plans and contingency reserves when planning a project risks.with the use of Project that you are familiar with ,Discuss how you have included the contingency plans, fall back plans and contingency reserves in your project plan. 30 Marks

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!

Q:

Some project managers include contingency plans, fallback plans and contingency reserves when planning for project risks. With the use of a project that you are familiar with, discuss how you have...

Q:

Some project managers include contingency plans, fallback plans and contingency reserves when planning for project risks. With the use of a project that you are familiar with, discuss how you have...

Q:

Some project managers include contingency plans, fallback plans and contingency reserves when planning for project risks. With the use of a project that you are familiar with, discuss how you have...

Q:

Some project managers include contingency plans, fallback plans and contingency reserves when planning for project risks. With the use of a project that you are familiar with, discuss how you have...

Q:

Some project managers include contingency plans, fallback plans and contingency reserves when planning for project risks. With the use of a project that you are familiar with, discuss how you have...

Q:

QUESTION 3 ( 2 0 Marks ) Many projects, apart from a risk management plan, also include contingency plans, fallback plans, and contingency reserves. Analyse the use of contingency plans, fallback...

Q:

QUESTION 3 (20 Marks) When planning for project risk management there are several general topics that any risk management plan should address. Identify these topics and apply them to a project that...

Q:

ASC Case Study: Using Risk to Transform Industry Leadership ASC, Australia's sovereign submarine and ship building company, has transformed how it manages its business by developing a proactive risk...

Q:

Many projects, apart from a risk management plan, also include contingency plans, fallback plans, and contingency reserves. Analyse the use of contingency plans, fallback plans, and contingency...

Q:

Question 2 (20 Marks) Many projects, apart from a risk management plan, also include contingency plans, fall-back plans, and contingency reserves. Appraise the theory of contingency plans, fall-back...

Q:

Propane is compressed isothermally by a piston-cylinder device from 1.5 MPa, 90oC to 4 MPa. Using the Nelson-Obert charts, determine (include sign) (a) The work done (wB) and (b) The heat transfer...

Q:

Assume a portfolio that consists of two assets K and P. The volatility of these assets are 14.3% and 28.65% respectively. Portfolio allocation is 75% in assestr K and 25% in assest P. Required: Find...

Q:

Kraft Heinz was accused of accounting fraud following its merger. How was the company accused of misreporting? By reporting inflated revenues By reporting inflated cost savings By evading taxes By...

Q:

Q3: (Please don't use handwriting + please read the attached because the answer should be from the attached) What are the major motivational issues at play in the fast food industry according to the...

Q:

6 What is the evidence of the link between SHRM and organisational performance?

Q:

3 Describe the relative strengths and weaknesses of the following models of SHRM: (a) Matching or best- fit model ( b) Resource- based model ( c) Best- practice (high- commitment) model.

Q:

4 What are the main practices associated with SHRM?