(Solved): This assignment combines the concepts covered in the first half of the course. Students have an oppo ...

This assignment combines the concepts covered in the first half of the course. Students have an opportunity to demonstrate their learnings from assignments, course material, quizzes and workshop activities. Describe your project's custom boundaries and then define the risk context. Next, integrate and tailor how the project team will conduct risk identification, problem-solving, and risk analysis for the project. Using the assignment requirements as a guide, complete the Scope Statement (outline provided) and fill in your project's details. Then create a Risk Management Plan and Risk Register.

1. Include the scope statement, (Project objective), (Project boundaries example in scope and out of scope minimum of 5items), (Milestones, activities/descriptions minimum of 5 items), (Assumptions minimum of 3) (Customer review, identify the sponsor and who will sign off the scope statement), describe the purpose of risk management plan and risk register example Project priorities, risk identification method, Risk breakdown structures, Impact table, Heat map, Heat register, references.

2. Select the artist and type of event. Base the project on planning an event for your favorite professional performance artist. Select from these examples, a writer, painter, band, singer, stand-up comedian, dancer etc. (not sports teams). Perform some basic research to understand more about the type of event. (i.e. concert, book signing, display etc.)

3. Complete the scope statement based on your custom event

4. Complete a basic Risk Management Plan for this project. Begin each section with a short explanation of the purpose it serves. Sections to include:

a. The purpose of the risk management plan

b. Define Project Priorities (this develops context, see Larson section 4.2 Establishing Project Priorities)

c. Identify 1 risk identification method the project will use (and why)

d. Create an RBS, minimum 4 categories

e. Create an impact table. At a minimum, it should contain a 1-3 scale for impact and measures (boundaries) for cost and time.

f. Create a heat map. At a minimum, it should contain threats and opportunities and a short explanation for each probability and severity level.

g. Create a template risk register, must include risk statement, category, analysis (use best practices)

h. Create 2 sample risks related to the project, fill in all fields, provide a brief explanation on the reasoning behind the risk categorization and analysis.

5. Title page, table of contents and references (all sources and citing where appropriate). Spelling and grammar check. Do not change project management terms (i.e. risk). Final format check, make this look professional.

Note:

Project Budget: Must not exceed $50,000.

Risk Reserve: Must not exceed 30% of your budget.

Schedule: Must not exceed 3months