Negative and Positive Risks Management Plan

December 6, 2022

Negative and Positive Risks Management Plan

Order Number	636738393092
Type of Project	ESSAY
Writer Level	PHD VERIFIED
Format	APA
Academic Sources	10
Page Count	3-12 PAGES

Instructions/Descriptions

Negative and Positive Risks Management Plan

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Throughout all projects, there are positive and negative risks. A part of the risk management plan is to have a mitigation strategy for each type of risk. For this assignment, prepare a risk register for the Lucky Me Animal Rescue adoption event project.

For the first part of this project, you will use a spreadsheet to create a risk register. You must identify a minimum of 10 risks on the risk register.

The risk register should contain, at a minimum, the information described below.

Identify and describe all possible risks.
Describe the potential impact on project success for each risk.
Provide the probability of the risk occurring, and prioritize each risk (rank from most important to least).
Create a mitigation strategy for each risk.

In the second part of this project, you will research and examine how the project’s quality could be impacted by the risks you have identified. Discuss what steps or tasks you would perform, as the project manager, to ensure that the project quality does not suffer due to the risks. (Note: Specifically address quality impacts, as you have already addressed the overall project impacts from the risks in the risk register.)

In the final and third part of this project, you will summarize what controlling phase tasks will help you in managing the project’s time, costs, schedule, resources, and quality while responding to the risks identified in the risk register. Begin with an introduction. Include examples of outputs, communications, or documents specific to the Lucky Me Animal Rescue adoption event project as you summarize the controlling phase tasks.

The second and third parts of the project must be a minimum of two written pages, not counting the title and reference pages. You must use a minimum of two sources that are peer-reviewed or academic in nature to support your project, one of which may be your textbook.

Adhere to APA Style when constructing this assignment, including the title page and in-text citations and references for all sources that are used.

You may either insert your risk register spreadsheet as an appendix to the written document, or you may submit the risk register as a separate file in in the assignment submission area of Blackboard.

Resources

Previous Assignment Scenario

Lucky Me Animal Rescue Strategy Map

The Lucky Me Animal rescue adoption project will involve several teams taking part in different activities. The project aim is to increase the animals’ adoption rates. This objective has minor objectives which include providing home to as many animals as possible and getting the right people to adopt the animals.

The project has a two-month timeline and also aims at minimizing the cost of the process through utilizing volunteers from the local community. The project will be managed by a project manager who will oversee all the activities are done right and on time.

This means that the balanced matrix organizational structure will be adopted. The project manager has partial authority and a full-time role. The team leaders will report to project manager.

The project will have the project manager and the team leaders form the work breakdown structure and write down the activities which include: grooming the animals one week before the event, taking pictures of all the animals available for adoption and posting them, arranging the adoption venue, promoting the event through the local community, conducting the adoption process.

Project Manager’s Role

The project manager’s role is one of the most critical leadership roles of a project team. The project manager will evaluate and analyze the project prior to the initiation (Project Management Institute, 2017). The project manager will develop the schedule for the project together with the expected budget using the work breakdown activities.

The project schedule is one communication method where each team will be required to do their activities within the planned time.

Project Communication

The project schedule will be communicated to the teams through telephone calls and emails. Each team will have a leader who will ensure the team is timely and effectively completing each task. The other communication method to be adopted is the live meeting which will be done at the team level involving the team leader and the specific team.

This meeting will be done daily to discuss the tasks progress, challenges experienced and any changes required (Daim, Et Al., 2012). Live meeting will also be conducted weekly between the project manager, the Lucky Me animal rescue management and the team leaders. This is to access the progress of the project, to identify and discuss arising challenges and develop solutions and also to discuss changes and any required improvements.

Organizational Structure

The organizational structure of balanced matrix allows the project to have a central control system where authority flows from the project manager to the team leaders and then to the team members as explained by Sy, Beach & D’Annunzio, (2005).

The project manager and the team leaders oversee all the activities and are responsible for ensuring that all the tasks get the required resources on time. The matrix organizational structure allows the team members to work in areas of expertise rather than working on various tasks.

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This applies to resources where they are used across projects maximizing their use. This shows that the organizational structure chosen is economical and effective for the project as it intends to use the minimum resources.

The employee answers to different team leaders making resolving of issues more quickly rather than the project manager dealing with all the challenges that develop. The other advantage is multiple tasks can be done as different team with different leader works on different tasks.

This eliminates the problem of tasks duplication as each team has its own tasks different from the other. The balanced matric organizational structure also provides ease monitoring of project progress and control measure can be easily adopted to correct in case of lagging behind in terms of time. This makes the project to be completed on time.

Negative and Positive Risks Management Plan

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Literature Support

91-84 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Methodology

58-53 points

With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached.

Average Score

50-85%

40-38 points

More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied.

83-76 points

There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration.

52-49 points

The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached.

Poor Quality

0-45%

37-1 points

The context and/or importance are lacking. There is no search history information supplied.

75-1 points

There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references.

48-1 points

There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached.