Prepare a Risk Analysis for at least 20 different risks that could affect your project. Analyse the risks involved and develop strategies for dealing with them in detail.

Task 1
The project management plan must begin by providing a justification for the project i.e. A compelling business case – project objectives and deliverables.

Followed by a critical comparative analysis of the different project management methodologies and advise on the methodology considered most appropriate to meet stakeholder’s requirement and why?

Support just justification with examples of where this methodology has been previously used as well as the benefits of using this methodology in your project. (15 marks)

Task 2
Develop a network diagram manually, AS TAUGHT (activities on node) clearly showing the relationship between all the activities listed above, the dependencies, the likely duration for each activity, the likely completion date (expected total project time).

Calculate the earliest starting time, the latest starting time (EST,LST) and the earliest finishing time and latest finishing time (EFT, LFT) for each activity including an outline description of the critical path, highlighting the critical activities and the shortest possible time in days in which the project can be completed as scoped above.

Develop a second network diagram manually clearly showing the relationship between all the activities listed in the new activity list created by reason of crashing or shortening the project, the dependencies, the likely duration for each activity, the likely completion date (expected total project time).

Calculate the earliest starting time, the latest starting time (EST,LST) and the earliest finishing time and latest finishing time (EFT, LFT) for each activity including an outline description of the critical path, highlighting the critical activities and the shortest possible time in days in which the project can be completed as scoped above (give reasons for your choice). [25 marks]

Task 3
Undertake a stakeholder analysis for this project. This should clearly identify internal and external stakeholder, group stakeholders according to their interest and power i.e. stakeholder management matrix, communication strategies. (20 marks)

Task 4
Using the activity list above, develop a clearly numbered Work Breakdown Structure (WBS) alongside an organizational structure for this music event [10 marks]

Task 5
You are required to prepare a Risk Analysis for at least 20 different risks that could affect your project. Analyse the risks involved and develop strategies for dealing with them in detail. Present your Risk Analysis and Risk Management strategies/mitigations in the form of a table, AS TAUGHT in class. [15 marks]

Task 6
You are required to determine what the quality expectation, acceptance criteria, quality specification, and what measures would be put in place to control the event. In other words you write up in this section must cover these heading. You are also expected to draw a gantt chart (15 marks)

This assignment has been designed to provide you with an opportunity to demonstrate your achievement of the following module learning outcomes:

1. Critically analyse the major factors and performance requirements of project management.

2. Analyse and critically review project roles, principles, themes and processes using an appropriate industry standard methodology

3. Evaluate the relationship between processes, deliverables, roles and the management using key project management techniques.

4. Evaluate and critique alternative strategies in order to meet stakeholder requirements.

5. Critically evaluate the Risk Management issues and contingency planning techniques as applied to projects.

 

Prepare a Risk Analysis for at least 20 different risks that could affect your project. Analyse the risks involved and develop strategies for dealing with them in detail.
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