Pm 535 You Decide
Mason 1
Clerance Mason
You Decide Week 3
Risk Management 595
Cassie and Bill Project
Keller School Management, Devry of Crystal City, VA.
Professor Kloom Frank
May 10, 2012
Mason 2
INRODUCTION: This scenario involves Cassie and Bill. The both have experience in Project Management however Bill a lot more experience than Cassie does. Bill last project was late and over budgeted so Cassie a little bit skeptical about his overall knowledge but yet she is still willing to list to him. I am the third person brought into this meeting and I will discuss different avenues of approach to fix these issues. I will also explain the different elements identified as well as how I feel that they should be addressed.
ABSTRACT:
I posted these comments:
* Bring both managers together and discuss all the current and future risk factors
* Establish a budget that will help each manager understand the short and long term affects
* Make a chart of how and when the possibilities of risks are most vulnerable
* Ensure that everyone practices trial and error to ensure management and employers are privileged to the risk factors
* Capture previous projects and study their history of risk matrix and match both to see if you are following the right procedures or decreasing risk factors
* Always double check everything your team has covered as a whole to ensure the proper risk measure have been implemented
The students comments had several opinions, however they basically agreed that all projects should have a list of plans and these plans should cover overall risks. these risks should be realistic and within your primary budget. You should break down the project into quarters and each quarter should be budgeted according to your requirements. Now I do understand that issues come up and project are prolonged or over budgeted initially but as a good project
Mason 3 manager, you should plan for mishaps even if they don't occur. I would suggest that you write
Clerance Mason
You Decide Week 3
Risk Management 595
Cassie and Bill Project
Keller School Management, Devry of Crystal City, VA.
Professor Kloom Frank
May 10, 2012
Mason 2
INRODUCTION: This scenario involves Cassie and Bill. The both have experience in Project Management however Bill a lot more experience than Cassie does. Bill last project was late and over budgeted so Cassie a little bit skeptical about his overall knowledge but yet she is still willing to list to him. I am the third person brought into this meeting and I will discuss different avenues of approach to fix these issues. I will also explain the different elements identified as well as how I feel that they should be addressed.
ABSTRACT:
I posted these comments:
* Bring both managers together and discuss all the current and future risk factors
* Establish a budget that will help each manager understand the short and long term affects
* Make a chart of how and when the possibilities of risks are most vulnerable
* Ensure that everyone practices trial and error to ensure management and employers are privileged to the risk factors
* Capture previous projects and study their history of risk matrix and match both to see if you are following the right procedures or decreasing risk factors
* Always double check everything your team has covered as a whole to ensure the proper risk measure have been implemented
The students comments had several opinions, however they basically agreed that all projects should have a list of plans and these plans should cover overall risks. these risks should be realistic and within your primary budget. You should break down the project into quarters and each quarter should be budgeted according to your requirements. Now I do understand that issues come up and project are prolonged or over budgeted initially but as a good project
Mason 3 manager, you should plan for mishaps even if they don't occur. I would suggest that you write