QBUS2350: Project Planning and Management: Case Study Analysis
VerifiedAdded on 2019/09/30
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Report
AI Summary
This report presents an analysis of a case study centered around the planning and management of a fly-fishing expedition in Alaska. The scenario involves Jennifer, a manager at Great Alaska Adventures, tasked with organizing an all-expense-paid trip for a client, Blue Note, Inc. The report begins with a review of the provided scope statement, assessing its completeness and clarity. Following this, the report identifies four key risks associated with the project, such as potential weather disruptions, equipment malfunctions, guide availability, and client satisfaction. A risk response matrix is then constructed, outlining the identified risks, their potential impacts, and proposed mitigation strategies. The report also prescribes project risk management strategies for each identified risk, detailing proactive measures to minimize the likelihood and impact of each potential issue. This includes strategies for communication, contingency planning, and resource allocation to ensure the successful execution of the fly-fishing expedition within the specified constraints of time, budget, and client expectations. The report is designed to provide a comprehensive understanding of project risk management in a practical business context.