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Project Risk Analysis And Management

Added on - 22 Sep 2019

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TaskDevelop a charter for the RALS Rostering project including:Include the project description and overview you have developed as part of your preparation forAssessment 3.Part One:MOV - Measurable Organisational Value(This is the goal of the project and is utilised to define the value that your team project will bring toyour client)• Identify the desired area of impact - Rank the following areas in terms of importance: Strategy /Customer / Financial / Operational / Social• With reference to your project, identify one or two of the following types of value:Better - is improving quality important to your client?Faster - does your client want to increase efficiency?Cheaper - is cutting costs important?Do more - does your client want to continue its growth?• Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It isimportant to determine a quantitative target that needs to be expressed as a metric in terms of anincrease or decrease of money.• Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve thistarget metric?• SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT OR TABLE(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. Itshould also focus on the organisation, not on the technology that will be used to build or support theinformation system).Part Two:Define Scope and produce a Scope Management PlanDefine the scope of the project and detail how the scope will be managed.Provide a list of ResourcesIdentify and detail the resources for the project using MS Project where appropriate, including:• People (and their roles), plus any extra personnel that is required for the project.• Technology - any hardware, network and software needs to support the team and your client.• Facilities - where will most of the teamwork be situated?• Other - for example, travel, training etc.Part Three:Using MS Project, develop a schedule using a high level Work Breakdown Structure (WBS). It shouldinclude:o Milestones for each phase and deliverableo This will tell everyone associated with the project that the phase or deliverable was completedsatisfactorily.o Activities / Taskso Define a set of activities / tasks that must be completed to produce each deliverable.o Resource Assignmentso Assign people and resources to each individual activities.o Estimates for Each Activity / Tasko Develop a time estimate for each task or activity to be completed.Part Four:
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