Project Risk Management Plan
The simulation requires that the project manager successful and effectively manage the Project Integra that will influence the integration between American Bank of Indiana (ABI) and First American Financial Service Group (FAFS). A successful Project Manager must simultaneously manage the four basic elements of a project: resources, time, money, and most important, scope. To excel at this position an individual must have communication and interpersonal skills, attention to detail, and strong analytical skills. The Project Manager must motivate the project team to adopt the goal and methods to achieve them by evaluation through performance. The Project Manager must break the project into many steps and perform them in logical order.
This requires the project manager to have exceptional time management skills; this will enable the project manager to stand good chance of staying within project budget and succeed in meeting the project schedule. A project manager's effectiveness or lack of it is the determining factor as to whether the Project Integra will be complete successfully. Risks will be focused on from the start of a project, at conceptual stage then watched closely as the project proceeds. The project manager has to adequately measure performance, and implement a closure process throughout the Project Integra that will be improved for the future. A project manager has to be able to weigh risk, and establish contingencies to resolve risks of the project for the present and future outcome of the Project Integra.
Management ResponsesThe first issue for the project manager is to deal with is the weak commitment of the database personnel, and evaluate how to handle the loss of resources since management has requested the assistants from the Database Specialists. The project manager needs to be able to plan and coordinate the efforts rather than perform the efforts of Project Integra. It would be in the best interest to release two of the four database staff to
This requires the project manager to have exceptional time management skills; this will enable the project manager to stand good chance of staying within project budget and succeed in meeting the project schedule. A project manager's effectiveness or lack of it is the determining factor as to whether the Project Integra will be complete successfully. Risks will be focused on from the start of a project, at conceptual stage then watched closely as the project proceeds. The project manager has to adequately measure performance, and implement a closure process throughout the Project Integra that will be improved for the future. A project manager has to be able to weigh risk, and establish contingencies to resolve risks of the project for the present and future outcome of the Project Integra.
Management ResponsesThe first issue for the project manager is to deal with is the weak commitment of the database personnel, and evaluate how to handle the loss of resources since management has requested the assistants from the Database Specialists. The project manager needs to be able to plan and coordinate the efforts rather than perform the efforts of Project Integra. It would be in the best interest to release two of the four database staff to
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