Project Report on Royale Pizza: Project Management and Risk Analysis

This report presents a project management structure for Royale Pizza, focusing on upgrading its food, beverages, and in-house dining facilities to increase its customer base. The project involves various upgrades, including shop flooring and equipment installation, with the project life-cycle phases clearly defined. The report identifies potential risks, such as schedule slippage, budget overruns, and material shortages, and proposes mitigation strategies. The project aims to complete deliverables within the allocated timeframe, with project supervisors responsible for monitoring and testing before reopening. The report includes an introduction, discussion of project goals, scope statement, project delivery methodology, and conclusions, with references to support the analysis. The risk register highlights key issues and provides response plans to ensure the project's success, emphasizing the importance of proactive management to avoid project complications.

Risk Register
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Risk
ID
Risk Statement Probability Impact Score
Response
plan/Strategy
1 Schedule slippage:
The project schedule
that is created for the
renovation project gets
slipped because of
improper management
then it generally can
cause delay within the
project that further
increases the budget
for completing the
work in the extended
schedule.
High High 4 In order to mitigate this
challenge, one of the most
important steps is to keep
track on the current status
of the project so that the
renovation work gets
finished on time and the
project does not face any
type of issue.
2 Budget overshoot: If
the budget that that is
needed for managing
the project is not
sufficient then a lot of
financial obstruction
High High 5 The problem of budget
overshoot can be resolved
if proper track on the
expenditure is kept. In
addition to this, the project
managers must adopt