You and your project team has been tasked to manage the Big Bang concert. Unfortunately, this...
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You and your project team has been tasked to manage the "Big Bang" concert. Unfortunately, this concert has a history of getting out of hand, sometimes leading to injuries. As such you and your project team want to take a different approach so everyone is safe. Project Object To organize and hold an eight-hour concert at the student centre with a budget of $50,000 on Oct 3. Deliverables Local advertising Concert security Separate beer garden Eight-hours of music Food venues Souvenir concert T shirts Obtain required licenses and approvals Secure sponsorship Cleanup . Requirements Professional sound stage and system One big Musical artist Five smaller musical acts Washrooms for 10,000 Parking for 1,000 cars Compliance to organization rules and city bylaws Concert to conclude by 11:30 pm Your project team has gathered for a brainstorming meeting to identify potential risk associated with the concert. 1) Identify the potential risk associated with this project by completing the Risk Assessment Form. 2) Use the Risk Response Form to track how the project is to response to potential risk items. 7:17 Welcome | mySault... Read Only - Save a copy to edit. Risk Assessment Form Risk Event Likelihood Impact 1-5 1-5 Risk Response Form Risk Response Event Detection 1-5 50 Save a copy When Contingency Trigger Who is Plan Responsible Part 2 - LAN Project You and your project team are responsible for the installation of Local Area Network (LAN) system for the local college. You and your team are now brainstorming the possible risk factors related to the project. Project Objective To design and install a new local area network (LAN) within one month and a budget of $125,000 for the college with minimum interruption to ongoing operations. Deliverables 7:17 Welcome | mySault... Read Only - Save a copy to edit. Deliverables Twenty workstations and 20 laptops Two servers Printer service with two colour laser printers Security firewall Windows operating system Migration of existing databases Training of staff Training for the administrator Fully operational LAN system Requirements 50 Save a copy Workstations with 17-inch flat panel monitors, dual-core processors, 500 gb SSD Laptops with 12-inch display monitor, dual core processors Wireless network interface cards and Ethernet connections Support windows Provide access to external field workers Your project team has gathered for a brainstorming meeting to identify potential risk associated with the concert. 1) Identify the potential risk associated with this project by completing the Risk Assessment Form. 2) Use the Risk Response Form to track how the project is to response to potential risk items. Risk Assessment Form Risk Event Likelihood Impact Detection When 1-5 1-5 1-5 || 7:18 Welcome | mySault... Read Only - Save a copy to edit. Risk Response Form Risk Response Contingency Trigger Event Example: Risk Event Response Interface Mitigate: problem test prototype System Mitigate: freezing test prototype Plan Contingency Plan Work around the until help. comes Reinstall OS Not solved within 24 hours Still frozen after an Trigger Who is Responsible | How 5 Save a copy Who is Responsible Bob Jennifer 7:18 Welcome | mySault... Read Only - Save a copy to edit. Example: Risk Event Response Interface Mitigate: problem test prototype System Mitigate: test freezing prototype Contingency Plan Work around the until help comes Reinstall OS Not solved within 24 hours Still frozen after an hour 50 Save a copy Trigger Who is Responsible Bob Jennifer || You and your project team has been tasked to manage the "Big Bang" concert. Unfortunately, this concert has a history of getting out of hand, sometimes leading to injuries. As such you and your project team want to take a different approach so everyone is safe. Project Object To organize and hold an eight-hour concert at the student centre with a budget of $50,000 on Oct 3. Deliverables Local advertising Concert security Separate beer garden Eight-hours of music Food venues Souvenir concert T shirts Obtain required licenses and approvals Secure sponsorship Cleanup . Requirements Professional sound stage and system One big Musical artist Five smaller musical acts Washrooms for 10,000 Parking for 1,000 cars Compliance to organization rules and city bylaws Concert to conclude by 11:30 pm Your project team has gathered for a brainstorming meeting to identify potential risk associated with the concert. 1) Identify the potential risk associated with this project by completing the Risk Assessment Form. 2) Use the Risk Response Form to track how the project is to response to potential risk items. 7:17 Welcome | mySault... Read Only - Save a copy to edit. Risk Assessment Form Risk Event Likelihood Impact 1-5 1-5 Risk Response Form Risk Response Event Detection 1-5 50 Save a copy When Contingency Trigger Who is Plan Responsible Part 2 - LAN Project You and your project team are responsible for the installation of Local Area Network (LAN) system for the local college. You and your team are now brainstorming the possible risk factors related to the project. Project Objective To design and install a new local area network (LAN) within one month and a budget of $125,000 for the college with minimum interruption to ongoing operations. Deliverables 7:17 Welcome | mySault... Read Only - Save a copy to edit. Deliverables Twenty workstations and 20 laptops Two servers Printer service with two colour laser printers Security firewall Windows operating system Migration of existing databases Training of staff Training for the administrator Fully operational LAN system Requirements 50 Save a copy Workstations with 17-inch flat panel monitors, dual-core processors, 500 gb SSD Laptops with 12-inch display monitor, dual core processors Wireless network interface cards and Ethernet connections Support windows Provide access to external field workers Your project team has gathered for a brainstorming meeting to identify potential risk associated with the concert. 1) Identify the potential risk associated with this project by completing the Risk Assessment Form. 2) Use the Risk Response Form to track how the project is to response to potential risk items. Risk Assessment Form Risk Event Likelihood Impact Detection When 1-5 1-5 1-5 || 7:18 Welcome | mySault... Read Only - Save a copy to edit. Risk Response Form Risk Response Contingency Trigger Event Example: Risk Event Response Interface Mitigate: problem test prototype System Mitigate: freezing test prototype Plan Contingency Plan Work around the until help. comes Reinstall OS Not solved within 24 hours Still frozen after an Trigger Who is Responsible | How 5 Save a copy Who is Responsible Bob Jennifer 7:18 Welcome | mySault... Read Only - Save a copy to edit. Example: Risk Event Response Interface Mitigate: problem test prototype System Mitigate: test freezing prototype Contingency Plan Work around the until help comes Reinstall OS Not solved within 24 hours Still frozen after an hour 50 Save a copy Trigger Who is Responsible Bob Jennifer ||
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Here are the potential risks identified for the concert project and LAN project Concert Project Risk Assessment Form Risk Event Likelihood Impact Dete... View the full answer
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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