Determining Potential Risk Factors In Project Plans

Determining Potential Risk Factors In Project Plans

Instructions/Descriptions

Determining Potential Risk Factors In Project Plans

Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management.

Add the following 2 columns to the project plan table you created in Wk 4 – Apply: Project Plan:

Potential Risk Factors

Contingency Plans

Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan.

Use Microsoft® PowerPoint®, Prezi® , or another software to create a 12- to 14-slide executive presentation—with appropriate images and diagrams—that summarizes the following information:

The organization’s information presented in Wk 1

SWOT analysis and market trend research

Project objectives

Explain how success will be measured.

Explain the value this project will bring to the organization.

Project metrics

Timelines

Responsible parties

Potential risk factors

Contingency plans

Include detailed speaker notes within the presentation. Convert the speaker notes to a Microsoft Word document and add it to the citations slide.

Cite all sources following APA guidelines.

You will submit 2 different deliverables:

Updated project plan with potential risk factors and a contingency plan

Executive presentation with detailed speaker notes as a Word document within the presentation

Determining Potential Risk Factors In Project Plans

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