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Project Risk Assessment and Evaluation PART 3 INTRODUCTION

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Added on  2021-02-21

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ASSESSMENT 3 INTRODUCTION 3 PART ONE 3 Measurable Organisational Value3 PART TWO 4 Scope 4 PART THREE 5 Work Breakdown Structure 5 Resource Assignment:7 Estimate for each Activity: 7 Project Budget: 7 PART FOUR8 Project Risk Analysis and Plan 8 Risk Identification Framework 9 Analysis of Risk 11 PART FIVE12 Quality Management Plan12 PART SIX 13 Closure and Evaluation 13 B. The main stakeholders for this project are the farmers, government, wholesalers and employees ofGlobex.This assessment

Project Risk Assessment and Evaluation PART 3 INTRODUCTION

   Added on 2021-02-21

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ASSESSMENT 3
Project Risk Assessment and Evaluation PART 3 INTRODUCTION_1
Table of ContentsINTRODUCTION...........................................................................................................................3PART ONE......................................................................................................................................3Measurable Organisational Value..........................................................................................3PART TWO.....................................................................................................................................4Scope......................................................................................................................................4PART THREE.................................................................................................................................5Work Breakdown Structure....................................................................................................5Resource Assignment:............................................................................................................7Estimate for each Activity:.....................................................................................................7Project Budget:.......................................................................................................................7PART FOUR....................................................................................................................................8Project Risk Analysis and Plan...............................................................................................8Risk Identification Framework...............................................................................................9Analysis of Risk...................................................................................................................11PART FIVE...................................................................................................................................12Quality Management Plan....................................................................................................12PART SIX......................................................................................................................................13Closure and Evaluation.........................................................................................................13B. Checklist..........................................................................................................................15C. Project evaluation............................................................................................................15CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17
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INTRODUCTIONProject management refers to the method of planning and organising the resources of anorganisation in order to execute the taken project or work. Project management is very essentialfor the business firms in order to ensure the successful execution of the undertaken project. Thisassessment is based on the Globex firm which had developed an application known as MBFSA(Mobile Based Farmer Support Application). This application was developed for helping thefarmers by providing them essential information regarding the crops and other aspects of theagriculture for improving their productivity. The main stakeholders for this project are thefarmers, government, wholesalers and employees of Globex. This assessment is focused onseveral aspects such as Measurable Organisational Value, scope of this project along with thescope management plan. This assessment will also cover the work break down structure in orderto segment the project work into small tasks. This assessment will also cover the Risk Analysisand Quality Management Plan. In the end, evaluation of the complete project will be done in thisassessment.PART ONEMeasurable Organisational ValueThe main aim for the development of this project is to improve the knowledge of thefarmers regarding the ways they use in farming. This knowledge will be improved by theassistance of new mobile application known as MBFSA. Through this application, farmers willbe provided with new ways of farming so that their productivity can be improved. Thisapplication will also assist them in taking better decisions regarding their farming so thatimproved results or output can be obtained (Besner and Hobbs, 2013)..This application will impact various areas of the business but the major impact will be onthe operational area. This is because the farmers needs to have right knowledge regarding thefarming so that right information can be provided to them through the application. After theoperational area, financial area will get major impact as funds are needed for purchasing themachines, infrastructure, employees etc. After that customer will be impacted as the farmer willtake the information from the application and providing of wrong information can leads to rise ofproblems for the company. After that the strategies will be impacted as company has to adopt
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new strategies in order to adopt the online mode. This application will less impact the society asthe company is providing the services for the betterment of the society.The two values identified in this application are better and faster. This application isexpected to improve the efficiency and performance of the firm as well as also enable thecustomers to acquire the information easily. The time for the procedure of acquiring theinformation from several places has reduced through the use of application. The company has set the target of £700 in the initial time period of this application formeeting the expectation of stakeholders as people are not aware of the application. The time forachieving the goals is 6 to 8 months. Through this application, the farmers will get the appropriate information regarding thefarming techniques, potential crops in order to improve the ways for farming so that better andimproved productivity can be obtained. This application will also provide the importantinformation and suggestions to the farmers so that they can take better and improved decisions(Diabat, Govindan and Panicker, 2012).PART TWOScopeScope refers to the part of project which involves planning and documenting the list ofgoals, deliverables, features, functions, etc. of the project for ensuring satisfactory result from theexecuted work. Names / RolesResponsibilitiesDeveloperDeveloping the application as well as to market andmanage the applicationDesignerChecking the changes doing under management anddocumentation done by designer.Project coordinatorTo help the stakeholders and discussing thedocumentation and report with team members.Project ManagerManage and monitor the activities of team and projectProject SchedulerCommunicate with customer and staff to schedulework as well as to provide the suggestion tomanagement for overcoming the risks.
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