...Course Project Part 2 Course Project Part 2 Jezreel Wilson, Sadaf Mohiuddin, Anel Catic Community Tech Center 04/232015 Jezreel Wilson, Sadaf Mohiuddin, Anel Catic Community Tech Center 04/232015 Contents Introduction 2 Risk Management Planning 2 Scope 2 Statement of Work—Project Description and 3 WBS 5 Risk Identification 6 Negative Risks 6 Qualitative Risk Analysis 7 Positive Risks 7 Negative Risks 7 Risk Response Planning 7 Positive Risks 7 Negative Risks 9 Decision Tree Analysis 11 Discussion of Decision Tree 12 Event / Fault Tree Analysis 14 Discussin of Event / Fault Tree 15 Conclusion: 15 Works Cited 16 Introduction The available of technology, such as, computers, tablets, ebooks, and even Internet are absent in many households in America still. As of 2013, the Census Bureau suggested that “84% of U.S. households own a computer, and 73% of U.S. households have a computer with a broadband connection to the internet (Pew Research Center).” It also mentioned “63.6% having a handheld computer. (Census Bureau)” A survey by Pew Research Center confirmed those stats, as 70% reported they have broadband access. These numbers show that there is still a large number of Americans who don’t own a computer, nor have access to the Internet. “Nearly 25 million households (21%) have no regular internet access at all, either at home or elsewhere (Pew Research Center)...
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...Course Project Paper Part II Salvage CSS Georgia Branden Pevear Keller Graduate School of Management PROJ 595 Willie “Alex” Hosch 11AUG15 Table of Contents Table of Contents 2 Introduction 3 Decision Tree Analysis 3 Discussion of Decision Tree 3 References 7 Introduction The expanding of the shipping waterway in Savannah, Georgia, won't be dredging up just mud, silt, and sand, it will be raising up a link to the past: an “iron-sided” ship that secured the city of Savanah during the Civil War. That was until the ship was deliberately scuttled so it would not fall into Union military hands at the end of the war. The raising and removal of the CSS Georgia is an essential federal, and state proposal that includes the increasing the channel depth to 50 feet. This increase of depth is to permit the larger cargo ships access to come into the harbor without relying on the schedule of the tides. In order for that channel depth increase, the CSS Georgia needs to be removed from its sunken position and moved to a salvagable location for furture use. U.S. Navy divers will need to take exceptional caution because of the strong likelihood that live ammunition and powder are still inside the wreckage. Risk Management Planning The program manager directing the slavage project group and the project stakeholders will, in accordance with ATOM (David Hillson, 2012), assure that the risks are recognized, and peoperly managed through the lifecycle of the salvage project....
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...DeVry University Keller Graduate School of Management WEEK 5 make up assignment Submitted in Partial Fulfillment of the Course Requirements for Project Risk Management PROJ 595 November 29, 2013 To ensure that risks remains effectively managed throughout the project, ATOM provides a series of risk reviews. These risk reviews are major and minor risk reviews. Major risk reviews usually takes place at key points during the project, either at the beginning of a new phase or a significant milestone within a phase, but they do not happen enough to ensure that assessment of risk exposure remains current. Minor risk reviews on the other takes place in line with the normal reporting regime of the project. The ATOM major review aims to review all current risks and any other risk raised since the last formal review, identify new risks, update the risk register, produce a full report and periodic reporting information for the project progress reports and progress meetings, and check the effectiveness of current risk management process. The ATOM minor review on the other hand aims to review the most significant current risks, and all draft risks raised since the last formal review, identify new risks, update the risk register, produce a summary risk report and periodic reporting information for project progress reports and progress meetings. Post project review is conducted to create a body of knowledge and experience on which the project team can draw...
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...Risk Paper #1 – Vehicle Purchase Risk Assessment PROJ 595 – Project Risk Management Introduction Major life decisions should never be taken lightly. The only major life decision that I have ever made was buying my first car. When it comes to buying a car there are always a slew of risks that come with it. There were many things to consider here before even going out to visit the dealerships. First would I buy the car new, if so which car maker would I go with, each car maker has their own risks that come with buying their car. Or would I go the used route and tackle all the risks that come with buying a used car. I also needed to consider which route would be cheaper for me in the long run. In the end I ended up buying a new car despite the known risks and the sneaky unknown risks that snuck up on me. Risk 1 – Insurance One the biggest risk that people should look at when buying new, which I unfortunately did not do, is to see how much of an increase it will add to your insurance. Before buying my new car, my car insurance was in the mid hundreds. It was fine because I received my previous car as a hand me down and I did not have to make car payments. But, after everything was said and done and I got the new car I went to the insurance agency to update to my car insurance. To my surprise, the monthly car insurance jumped up nearly an extra two hundred. There were many reasons why, but one of the big reasons for the increase was the fact that 2012 models added a major...
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...Stakeholders and Risk Management (graded) | Both the PMBOK® Guide and the ATOM process discuss the role of stakeholders in risk management. How does a project manager identify stakeholders for a project? How does a project manager involve these stakeholders in risk management? | This section lists options that can be used to view responses. Collapse All | Print View | Show Options | Responses Responses are listed below in the following order: response, author and the date and time the response is posted. | | Sort by Response | Sort by Author | Sort by Date/Time* | (an instructor response) | | Question 1 ..Stakeholder Identification ?? | Professor Hiegel | 1/10/2015 3:46:03 PM | | | How does a project manager identify stakeholders for a project?orHow does a project manager know which stakeholders are more important to a project? | | | | RE: Question 1 ..Stakeholder Identification ?? | Phillip Murray | 1/11/2015 7:26:56 AM | | | If a stakeholder register has been executed as part of the initial plan then this will simplify this step greatly. I would revisit the register and "scrub" it for a comprehensive list of internal and external stakeholders. PMBOK chapter 13 on pgs 395-396, para 13.1.2.1 Stakeholder Analysis, describes several classification models that can be used to identify stakeholders. I also found a small article that says some of the same things in a simpler manner. http://www.projectmanager.com/identify-project-stakeholders...
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...Cover Page Course Project Part II Military Retirement Ceremony Keller Graduate School of Management PROJ 595 – Project Risk Management Phillip Thatcher October 24, 2014 Edward Yerington TABLE OF CONTENTS Project Risks for Planning a Military Retirement Ceremony Course Project Part I ………………………………………………………………………………………….3,4,5,6,7,8,9 Introduction……………………………………………………………………………………………………………………………10 Decision Tree Analysis……………………………………………………………………………………………………………11 Discussion of Decision Tree…………………………………………………………………………………………………..12 Fault Tree……………………………………………………………………………………………………………………………….13 Discussion of Fault Tree………………………………………………………………………………………………………..14 Conclusions…………………………………………………………………………………………………………………………….15 Works cited…………………………………………………………………………………………………………………………….16 Introduction The Project Manager or the Commanding Officer of this project is responsible for the implementation of the Project Risk Management Plan. A formal detailed plan is required for these large complex and high-risk projects. These projects require a specified treatment plan to monitor and control risk. However, for smaller less complicated projects the risk plan is usually combined into the daily operations of the project tasks. In which I will assign to the appropriate sections. Such was the case for the planning a Military Retirement Ceremony. This report will discuss how risk were identified, prioritized and monitored for the project of planning...
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...Proj 595 - Risk Paper 1 Pm595 Risk Paper: Buying a new house Project Risk Management Professor: James Reckon Authored: Michael Arcoli December 18, 2015 TITLE: Purchasing A HOUSE TABLE OF CONTENTS INTRODUCTION RISKS IDENTIFICATION RISKS RANKING MATRIX RISKS MONITORING CONCLUSION REFERENCES * INTRODUCTION Whenever considering a major purchase in life one must carefully consider the risks associated with making these purchase decisions. These decisions should be treated as projects in such a way that proper planning, analysis, risk assessment and contingency should all be aspects of the purchase process whether formal or informal. In this paper, I will discuss about a project that many people are familiar to: buying a new house. Few years ago, I moved to a new area and was trying to decide whether or not to purchase a new house, and if so, where should I buy it. I also considered if I should buy a preexisting new house or hire a builder for a new house. Every option had its own set of potential risks. If I continued to rent, was this really just throwing away money. If I purchased a house, could I afford it and was I buying the best house for me and my family? I approached it like any other project, with interviewing people, note collecting, collating, and interpreting the data. After reviewing my expenses and income and examining the tax advantages, I decided to buy a house but knowing that several risks may accompany my decisions, these...
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...Development of the Boeing 787 Dreamliner Dararoth Rath DevRy University PROJ 595 Instructor: Willie Hosch 01/24/2013 Introduction In 2003 Boeing started a building concept called 7E7 prior to changing it 787 in 2005. The Boeing 787 project dreamliner is to build a 20% lighter plane due fully builds from composite material, latest in flight entertainment technology, ability to carry more passengers, larger over head bins, larger cargo space, increasing nautical miles in mid range aircraft the same class as Boeing 767 and a lowest cabin pressure of any planes in the air that provide the most comfort to passengers. We will be looking at two fault trees analysis for the Boeing 787 flight instrumentation failures. In the event that there is instrumentation failures inside Boeing 787 cockpit it can cost by loss of airspeed information which is fault tree one or by loss of advisory panel information which is fault tree two. Fault Tree One Fault Tree One Analysis The flight deck system for the Boeing 787 can fail but loss of cockpit instrumentation information which can be cause by loss of airspeed information. As can be seen in the fault tree in order for airspeed information to be loss the following three must occurs: Loss of Airspeed Indicator and RPM fails and Loss of Communication Information. If only 2 of the three or 1 of the three occurs then loss of airspeed information cannot occurs. In order for loss of airspeed indication system occurs only one of the following...
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...ACC 560,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 560,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 561,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 561,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 565,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 565,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 346,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 346,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 434,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 434,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 567,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 567,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, PHI 200,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, PHI 200,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, Res 301,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, Res 301,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford BA 215,Course...
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...Risk Paper 1 Risks Involved During The Purchase Of Our Home 1/25/2015 Class: Proj-595 Professor: Dr Madireddy [Type the author name] • INTRODUCTION In the spring of 2013 my family embarked on a new adventure. We moved 2800 miles from San Diego CA. to Franklinton NC. because of a promotion I accepted with my company. This was a very exciting and frightening time of transition for my family. There were many changes we had to make as well as some very important decisions to make. The biggest decision and question we had to make and answerer was are we going to buy a home or are we going to rent? Once the decision was made we were going to buy a home many questions and decisions had to be made and many risks had to be addressed. The risks we had to address when looking at purchasing a home include financial risks and environmental risks. • RISKS INVOVLED DURRING THE PURCHASE OF OUR HOME Home buying is a very exciting experience. Whether you are a first-time buyer or an experienced owner, buying a house requires a "preflight check," in the words of Barry Zigas, director of housing policy for the Consumer Federation of America. (Dratch) Before doing any risks assessments we first had to put down the home purchase into a pros and cons diagram to see if this was something we were willing to take on. With that decided we then proceeded to look at the risks involved. As my family experienced and statistics have shown that owning a home is not...
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...,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 307,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 307,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 344,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 344,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 346,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 346,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 403,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 403,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 504,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 504,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 560,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 560,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 561,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 561,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 565,Course,Complete,All...
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...Cattell, Ryan D01585759 Cattell, Ryan D01585759 PROJ 595 – Professor Orr PROJ 595 – Professor Orr PBI Risk Management Plan New Beginnings PBI Risk Management Plan New Beginnings Table of Contents 1.0 Introduction 2.1 Purpose of the Risk Management Plan pg1-3 2.0 Risk Management Procedure 3.2 Risk Management Panning ATOM pg3-5 3.3 Qualitative Risk Analysis pg6 3.4 Risk Response Planning pg6-7 3.0 Summary pg7 4.0 Risk Management Register 7-10 5.0 Work Cited pg11 1.1 Introduction I am currently in the process of purchasing one of the companies I currently work for, Professional Baseball Instruction of Illinois (PBI), which currently is a youth baseball program located in Barrington Illinois. I have been coaching travel baseball teams for PBI the last 6 years and understand the business very well. The great thing about this company is the indoor facility they currently have. It is over 17K square feet and is the only one of its kind in northern Illinois. The current owner is never in the building and has proved over time that he is not wanting to run this business anymore. I decided last December to reach out to the current owner and see if he is looking to sell his business and he was very much on board. Although I have not purchased the company yet I would like to start preparing as if I am going to do just that. Now the process of purchasing a company is a very large project with many risks I want to turn my attention to the process of...
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...Running Head: Project Risk Management Project Risk Management – Course Project I Panama Canal Patrick Makinney Devry University/Keller Graduate School PROJ-595-62659 Project Risk Management Professor Bill Lewis July 28, 2012 Panama Canal The Panama Canal project started twice; the initial project began in France during 1879 at the “International Congress” to study the feasibility of a canal connecting the Atlantic and Pacific oceans through Central America sponsored by Ferdinand de Lesseps and the second was in 1904 and conceived by President Theodore Roosevelt. (Tom Kendrick, PMP) The initial Panama Canal plans’ ideas included a “lock-and-dam” concept and a seal-level canal concept. The sea-level canal concept was adopted although this plan was not supported by nearly all engineers consulted on this project. The project was taken on by Ferdinand de Lesseps who successfully completed the Suez Canal in 1869, which earned de Lesseps the nickname “The Great Engineer,” (Tom Kendrick, PMP) However, with lack of a precise project definition, poor planning sporadic reporting and generally inaccurate (or even dishonest) along with undefined, poor or ignored risk identification the project failed. The project was privately funded and the collapse caused complete financial losses for all the investors. Directly as a result of this project failure, the French government fell in 1892, ending one of the messiest and most costly project failures...
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...Risk Paper #2 Case Study – Tender Evaluation Marjorie Spitz Keller Graduate School of Management PROJ 595- Project Risk Management Instructor: Professor Bill Lewis Week 7 Date: April 20, 2013 Introduction In a tender evaluation process, it is vital to identify, assess and quantify risks that might be associated with the tender. According to Cooper, Grey, Raymond and Walker (2005), risk management is vital in the tender evaluation process, because risks associated with specific tender responses are identified at an early stage, so they can be addressed explicitly in the tender evaluation. The high-risk areas on which the greatest attention and effort should be focused in the evaluation of tender responses are identified. (Managing Risk in Large Projects and Complex Procurements.Ch.13, pg 148). The goal of this paper is to compare and contrast the two phases of the case study Tender Evaluation. “Phase 1 is concerned with establishing a baseline against which tenders can be assessed, prior to bids being received. Phase 2 compares each submitted tender offer with the baseline, to develop a comparative risk assessment for each one.”(Cooper, Grey, Raymond and Walker, 2005). Both phases are important in order to understand the risks during the tender evaluation process. ...
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...Running head: PURCHASING A HOUSE RISK PAPER Purchasing a House Risk Paper Keller Graduate School of Management Project Risk Management PROJ 595 Dr. Susan Orr August 04, 2013 Purchasing a House Risk Paper INTRODUCTION The many advantages to owning a home have been well publicized. However, the above satistics make it clear that owning a home is not without risk. To form a complete picture, you, the prospective buyer, need to consider the potential risks and disadvantages of home ownership as well. Understanding these disadvantages beforehand will give you a better chance of minimizing their impact and avoiding the fate suffered by these homeowners. RISKS IDENTIFICATION There are many risks in buying a new house such as: • The opportunity cost of investing in an alternative investment is very high because the entire cash and future income stream is tied up into one asset a home, which may or may not appreciate. • The house is an undiversified investment, so if the market tanks as it has, game over. • Knowing that we do not own our home, the bank does. • A lot of cost connected to home ownership, such as repairs and insurance and fees and potential hazards I have not considered. • If I lose my job, game over, this will put a lot of stress on me. • There is a chance that your new home will lose value. Luckily, in general, the longer you own your home, the less likely a loss becomes. Loss of value is typically a short-term problem, possibly due to the local...
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