USING THE RISK REGISTER

CASE STUDY

$3\mathrm{.}1$

An organization with an Earned Value Management System $($EVMS$)$ contractual requirement for a large project must demonstrate to its customer that the EVMS is being used to manage the performance on the project. A subproject has been established to conduct the earned value training for the project personnel.

The objective of the subproject has been established as:

$*$To enable each manager to successfully demonstrate their knowledge and use of Earned Value Management policies, procedures, processes, software tools and their respective responsibilities in a formal review of the project's EVMS by the customer." A primary project time line includes the following activities:

Day $01-$

Contract $"$go$-$ahead"

Day $02-20$

Develop EV Concepts Policy

Day $02-20$

Develop EV Concepts Training Plan

Day $15-20$

Identify and assign fifty managers

Day $21-25$

Review and approve EV Concepts Training Plan

Day $21-60$

Managers implement EVM System at lower WBS levels

Day $16-30$

Develop Software Tools Training Plan

Day $31-35$

Review and approve Software Tools Training Plan

Day $41-60$

Develop EV Concepts Training

Day $41-60$

Develop Software Tools Training

Day $41-60$

Write EV Policy Guide

Day $60-66$

Review and approve EV Policy Guide

Day $65-66$

Conduct EV Concepts Training for fifty managers

Day $72-76$

Conduct "practice" customer review

Day $90-96$

EVMS Review conducted by Customer

Identify and enter into the Project Risk Register worksheet any significant risks to meeting the subproject objective. "Significant risks" are those risks that could be expected to be "approved." Include in the register all risk information by the column headings. For the Risk Rating use the Likelihood times the highest Impact.

Continue the Risk Register form for your answers.