For the Unit 1 assignments use the following scenario. Review the scenario first and then continue on with your assignment. Consider saving the PDF or printing it out for your reference.
You have been meeting with the CEO, the project sponsor, your manager, and the heads of all the other departments to discuss the project and their expectations. You are starting to be concerned about the level of risk of this project and whether or not the organization really understands it. As far as you can tell, the company has never done formal risk management, taking a more relaxed approach to risks. You are starting to develop your risk management plan; you will present it to your manager and the sponsor in two weeks along with some other project planning deliverables.
Note: This list will be used in later activities throughout the course.
Your submitted assignment (140 points) must include the following:
As you begin work on your Unit 1 Individual Project for this week, I would like to offer some support in your completion of this assignment; as the development of a Project Charter may be a new concept for some.
TIPS ON BUILDING YOUR PROJECT CHARTER:
Ultimately, the Project Charter is a document (report) that highlights the key Constraints for the Project (as outlined in the “Lectocomp Electronics” Scenario provided for this IP).
Your Project Charter should include the following key components (Constraints):
Once you have developed the project charter, in a separate document, you should develop a list of PROJECTED RISKS associated with the project. This list can be developed in Excel. These risks would be based upon your understanding of how each project constraint impacts the project outcomes and operations as a whole for the organization. An example of a risk tied to ‘ Resources/People’ may be Staff Availability (time, knowledge, etc.).
As a reminder, Please take your time to read the scenario in detail along with assignment expectations.
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