This document outlines the requirements for a 7-week course project on risk management. Students will select a project in Week 1, then develop various risk management documents about the project over the following weeks, including a project sizing, stakeholder analysis, risk breakdown structure, probability-impact matrix, and risk register. In Week 7, students must submit a final risk management plan paper compiling all this work into a 15-20 page document following a specific template, with proper formatting, citations, and proofreading. The final paper will be graded based on its inclusion of each required component and the overall quality of writing.
1. PROJ 420 Project Risk Management Course
Project
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PROJ 420 Course Project
Objective
For this course, you will complete several weekly assignments and
compile a course project paper. This paper involves the development of
a Risk Management Plan, commonly called an RMP, throughout the
course.
While the weekly assignments are the basis for what you will be doing
for the RMP, they are not the RMP itself. Your weekly assignments will
assist you in the development of an RMP by completing some of the
essential parts of the final paper. These various sections, which will
follow your weekly assignments, have been developed according to the
Deliverables schedule, below.
Remember: Your weekly assignments are built around the project that
you will choose during Week 1.
The assignments for Weeks 1-6 are the basis of your project; the final
paper, however, which is due in Week 7, will be built following the
template on page 197 in Appendix A within the Practical Project Risk
Management: The ATOM Methodology text. In addition, your final
paper will focus on the top 20 risks you have identified.
Refer to the Deliverables section below for a comprehensive outline and
schedule for your course project. Also See Syllabus/"Due Dates for
Assignments & Exams" for due date information.
Deliverable
2. s
Week 1: Selecting a Project
During Week 1, you will select a project for your risk management plan
course project. The project can be one that you are working on as part
of your regular job, a case study you have completed in the past, or a
project that you want to plan, either business or personal. You will
choose your own project so that you will be very familiar with the
project and understand all of its various elements. The project request
will be submitted as a graded assignment.
To select your project, submit a description of your project using the
Week 1 Course Project Proposal & Outline Template
(PROJ420_W1_ProposalAndOutline.docx) in Doc Sharing.
Submit your assignment to the Week 1 Course Project Dropbox located
on the silver tab at the top of this page. For instructions on how to use
the Dropbox, read theseStep-by-Step Instructions or watch thisDropbox
Tutorial. See Syllabus/"Due Dates for Assignments & Exams" for due
date information.
You will receive a post in your Dropbox that will indicate approval to
proceed.
This submission must be well presented because this is a required
assignment that will receive a grade in Gradebook. The project paper is
a required item for successful completion of this class. If you do not
submit a project selection, you will not be able to proceed with
assignments, as each week builds upon the last. We will discuss the
various steps in developing the RMP for your project in our weekly
threaded discussions. All submissions for a grade will also be evaluated
for grammar and spelling.
Week 2: Project Sizing and Stakeholder Analysis
Your course project milestone for Week 2 will be to develop your
Project Sizing and Stakeholder Analysis.
To do this, use the Week 2 Course Project Assignment Template
(PROJ420_W2_AssignmentTemplate.docx) in Doc Sharing.
Week 3: Project Risk Breakdown Structure
For your third course project milestone, develop a Risk Breakdown
Structure.
3. To do this, use the Week 3 Course Project Assignment Template
(PROJ420_W3_AssignmentTemplate.docx) in Doc Sharing.
In order to keep the RBS manageable, identify ten risks from your
project to be included in your RBS.
Week 4: Probability-Impact Matrix
This week for your course project milestone, submit a Probability-
Impact Matrix for the project you selected based on the top ten risks you
identified in your RBS in Week 3.
To do this, use the Week 4 Course Project Assignment Template
(PROJ420_W4_PIMatrixTemplate.xlsx) in Doc Sharing.
Week 5: Risk Register
Develop and submit a Risk Register based on the ten risks you have
assessed within the project you selected. Your Register should have four
sections:
1. the project title
2. the risk description
3. the impact and probability rating
4. the planned response
Note that there is no template for this week's assignment.
Week 6: Summary Risk Report
This week, you are to develop a Summary Risk Report based on the
project you have selected and have been assessing.
Refer to Figure B-14 in Appendix B on page 221 in your Practical
Project Risk Management: The ATOM Methodology text. The report is a
summary, so please keep your assignment in that format. Five pages is
the suggested maximum length.
Submit your assignment to the Week 6 Course Project Dropbox located
on the silver tab at the top of this page. For instructions on how to use
the Dropbox, read theseStep-by-Step Instructions or watch thisDropbox
Tutorial. See Syllabus/"Due Dates for Assignments & Exams" for due
date information.
Week 7: Course Project Final Paper (The RMP)
Your final paper for the course project (the RMP) is due in Week 7.
Please reference the template found in Appendix A, page 197, of
thePractical Project Risk Management: The ATOM Methodology text.
4. The course project paper is your Risk Management Plan (RMP).
Note the "Guidelines" section below for additional requirements for
your final paper.
Guidelines
Just a few reminders on your final course project paper:
• You will be using the information that you have obtained in the
weekly assignments to complete the paper, but you should not
simply copy and paste the weekly assignments into each sections of
your final paper.
• Ensure that each of your weekly assignments has been submitted
and graded. Remember that the paper is only one part of your
weekly work and that your weekly assignments make up critical
information you will use to write your final course project paper.
• Follow the format as indicated in the Deliverables section, above.
• One of the most important steps that you can take: PROOFREAD
your paper!!! Have someone else who does not know about the
project read the paper. If he or she can read and fully understand
what you're saying, you probably have a good paper. Remember:
You know what you're saying, but does the reader understand the
message that you're trying to convey? This one element will save
you time and the grief of a poor grade for grammar and
readability.
• Papers must be 15 to 20 pages in length (this would be roughly
one page per area included in the report), 10-point font, double-
spaced, and must include a cover page, table of contents,
introduction, body of the report, summary or conclusion, and
works cited.
• Even though this is not a scientific writing assignment and is
mostly creative in nature, references are still very important. At
least six authoritative, outside references are required (anonymous
authors or web pages are not acceptable). These should be listed
on the last page, titled "Works Cited."
• Appropriate citations are required.
• All DeVry University policies are in effect, including the
plagiarism policy.
5. • Papers are due during Week 7 of this course.
• Any questions about this paper may be discussed in the weekly Q
& A Discussion topic.
• This paper is worth 175 total points and will be graded on quality
of research topic, quality of paper information, use of citations,
grammar, and sentence structure.
Submit your final course project paper to the Week 7 Course Project
Dropbox located on the silver tab at the top of this page. For
instructions on how to use the Dropbox, read theseStep-by-Step
Instructions or watch thisDropbox Tutorial. See Syllabus/"Due Dates
for Assignments & Exams" for due date information.
Grading
Rubrics
The following is the grading rubric for the final course project paper:
Category Points %
Format: Cover page, Table of Contents, Introduction 15
Approx. 8.6%
Project Description 20 Approx. 11.4%
Project Sizing 20 Approx. 11.4%
Stakeholder Analysis 20 Approx. 11.4%
RBS 20 Approx. 11.4%
Probability-Impact Matrix 20 Approx. 11.4%
Risk Register 20 Approx. 11.4%
Summary Risk Report 20 Approx. 11.4%
Conclusion and Reference page 20 Approx. 11.4%
Total 175 100%
Best
Practices
The following are the best practices in preparing this paper.
• Cover Page – Include who you prepared the paper for, who
prepared it, and the date.
• Table of Contents – List the main ideas and sections of your paper
and the pages on which they are located. The illustrations should
be included separately.
6. • Introduction – Use a header on your paper to indicate that you
are introducing it.
The purpose of an introduction or opening:
1. Introduces the subject and its importance.
2. Previews the main ideas and the order in which they will be
covered.
3. Establishes the document's tone.
Include in the introduction a reason for the audience to read the paper.
Also include an overview of what you are going to cover in your paper
and the importance of the material. This should include or introduce the
questions you are asked to answer on each assignment.
• Body of Your Report – Use a header titled with the name of your
project. Example: "The Development of Hotel X – A World Class
Resort." Then proceed to break out the main ideas. State the main
ideas, state major points in each idea, and provide evidence.
Break out each main idea you will use in the body of your paper.
Show some type of division, like separate sections that are labeled,
separate groups of paragraphs, or headers. You would include the
information you found during your research and investigation.
• Summary and Conclusion – Summarizing is similar to
paraphrasing; it presents the gist of the material in fewer words
than the original. An effective summary identifies the main ideas
and major support points from the body of your report. Minor
details are left out. Summarize the benefits of the ideas and how
they effect the project.
• Work Cited – Use the citation format as specified in the Syllabus.
• Prepare an outline of your research paper before you go forward.
• Complete a first draft and then go back to edit, evaluate, and make
any required changes.
• Use visual communication to further clarify and support the
written part of your report: Example graphs, diagrams, and
photographs.
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7. PROJ 420 Week 7 Course Project
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PROJ 420 Week 7 Course Project
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