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Assignment: Reflection Journal Summary
This week you will turn in your Reflection Journal Summary.
Drawing on material from the course Discussions, readings,
Assignments, and your journal, compose a 2 page reflective
summary. When discussing a specific concept, idea, or quote,
include any relevant citations, even if you have taken this idea
from your personal journal.
Your Program Management Reflection Journal is intended to be
an important part of the learning journey while you are in this
program. Your journal will serve both as a platform for insight
and as a personal space for reflecting and developing self-
awareness in all matters relevant to you as a leader. As such,
you may keep the journal itself in electronic form or as a
handwritten journal. You will not turn in your journal as part of
a formal assignment; however, you will be asked to follow the
requirements listed in the following paragraphs when
maintaining the journal, and you will be required to submit a
formal summary of what has “struck” you at the conclusion of
each course.
You will make weekly entries in your journal, using a critically
reflexive, journaling-style writing method that describes what
you have practiced throughout this course. Your journal entries
should help you grapple with concepts and challenges you face
during the course. Include any project management-related
issues that are timely and relevant to your life. There is no
quantity requirement—only quality journal entries are
important.
At the end of Week 8, you will be required to submit a formal
summary describing the elements that have “struck” you during
your coursework. This 2 page summary should draw on the
course Discussions and readings, and it can include excerpts
from your journal.
Submit your Assignment.
Support your Assignment with specific references to all
resources used in its preparation. Use correct APA formatting
for all resources. The Walden Writing Center provides
preformatted templates with APA-compliant pagination,
margins, and spacing. See this week’s Learning Resources.
Submission and Grading Information
© 2015 Laureate Education, Inc. Page 1 of 3
MSPM 6140: Enterprise and Project Risk Management
Outcomes and Alignment Chart
University Outcomes
I. Facilitate positive social change where they work, in their
communities, and in
society.
II. Use their knowledge to positively impact their profession,
communities, and
society.
III. Demonstrate a commitment to lifelong learning.
IV. Apply their learning to specific problems and challenges in
their workplace and
professional settings.
*Information literacy is defined as the ability to know when
there is a need for information, and
being able to identify, locate, evaluate, and effectively use that
information for the issue or
problem at hand.
V. Demonstrate an understanding of the methods of inquiry used
in their
professional or academic field.
VI. Practice legal and ethical integrity in their professional
work.
VII. Effectively communicate their ideas and the rationale
behind them to others.
VIII. Support diversity and multiculturalism within their
profession, communities, and
society.
Program Outcomes
1. Demonstrate the ability necessary to produce project
management outputs in
accordance with established practices for conducting projects
within an
organization.
2. Develop project-based solutions to business problems and
opportunities to
achieve the strategic performance goals of an organization.
3. Manage individual projects from initiation to closure that
meet stakeholder
requirements and achieve the objectives of the project.
4. Synthesize the threats and opportunities of environmental
factors into the
creation of project and enterprise-level risk management plans.
5. Evaluate the social change impact on social, economic, and
environmental
factors that contribute to sustainability in project management.
6. Appropriately apply professional practices for ethical and
socially responsible
conduct by project management practitioners.
© 2015 Laureate Education, Inc. Page 2 of 3
Course Outcomes
1. Analyze risk management concepts in terms of risk impact on
individuals,
projects, and organizations
2. Evaluate corporate governance structures in relation to
organizational
approaches to managing risk
3. Assess risk management as integral to business planning and
decision making
4. Apply risk management tools and techniques to identify,
analyze, monitor, and
control risk
5. Perform quantitative and qualitative risk analysis
6. Develop risk responses that are appropriate given the
probability and level of
impact of the risk
7. Demonstrate the ability to plan, manage, and control risk at
the project and
enterprise levels
8. Evaluate the trade-off associated with mitigating versus
accepting a risk
Weekly Objectives Alignment Chart
Week 1: Risk: A World of
Threats and Opportunity
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Explain the concept of managing
risk from individual, project, and
organizational perspectives
D 1 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Evaluate formal risk management
in terms of increasing awareness
and control over risks
D 1 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Assess environmental influences
on risk in an organizational setting
A 1, 3 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Week 2: Risk Management and
Corporate Governance
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Assess approaches to managing
risk at the enterprise level
D 2 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Articulate the value of ERM in
organizations
A 2 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Assess the adoption and growth
of ERM as a business strategy
A 2, 3 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Week 3: The Risk Management
Process
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Assess the relationship between
risk management practices and
organizational goals
D 3 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Formulate an approach for
conducting project risk
management
A 4 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Explain how project risks will be
identified, analyzed, and
A 4, 7 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
© 2015 Laureate Education, Inc. Page 3 of 3
controlled for a business project
Week 4: Identifying and
Categorizing Risks
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Distinguish between qualitative
and quantitative types of risk
D 5 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Apply established project risk
management practices to identify
risks for a business project
A 4, 7 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Classify project risks and their
characteristics in a risk register
A 4 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Week 5: Risk Assessment
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Analyze project risks using
qualitative tools and techniques
D, A 4, 5, 7 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Analyze project risks using
quantitative tools and techniques
D, A 4, 5, 7 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Week 6: Responding to Risks
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Assess the practice of responding
to project and organizational risk
D 6 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Determine appropriate risk
management response strategies
A 4, 6 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Formulate risk response and
contingency plans using project
risk management tools and
techniques
A 4, 6 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Week 7: Monitoring and
Controlling Project Risks
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Assess the influence of individual
stakeholder attitudes and
behaviors on risk management
D 1, 2 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Apply project management tools
and techniques to monitor and
control project risks
A 4, 7 1, 4 1, 2, 3, 6, 8,
10
1, 2, 4, 5, 6,
8, 9
Week 8: Individual and
Organizational Risk Attitudes
Met in
(D#/A#
/Other)
Course
Outcome(s)
Program
Outcome(s)
CMT
Outcome(s)
University
Outcome(s)
Evaluate the trade-off of
preventive costs and the
organizational impact of not
mitigating risk
D 8 2 1, 2, 3, 5, 6,
8, 10
1, 2, 4, 5, 6,
8, 9
Legend
D = Discussion
A = Assignment

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Assignment Reflection Journal SummaryThis week you will turn in.docx

  • 1. Assignment: Reflection Journal Summary This week you will turn in your Reflection Journal Summary. Drawing on material from the course Discussions, readings, Assignments, and your journal, compose a 2 page reflective summary. When discussing a specific concept, idea, or quote, include any relevant citations, even if you have taken this idea from your personal journal. Your Program Management Reflection Journal is intended to be an important part of the learning journey while you are in this program. Your journal will serve both as a platform for insight and as a personal space for reflecting and developing self- awareness in all matters relevant to you as a leader. As such, you may keep the journal itself in electronic form or as a handwritten journal. You will not turn in your journal as part of a formal assignment; however, you will be asked to follow the requirements listed in the following paragraphs when maintaining the journal, and you will be required to submit a formal summary of what has “struck” you at the conclusion of each course. You will make weekly entries in your journal, using a critically reflexive, journaling-style writing method that describes what you have practiced throughout this course. Your journal entries should help you grapple with concepts and challenges you face during the course. Include any project management-related issues that are timely and relevant to your life. There is no quantity requirement—only quality journal entries are important. At the end of Week 8, you will be required to submit a formal summary describing the elements that have “struck” you during your coursework. This 2 page summary should draw on the course Discussions and readings, and it can include excerpts from your journal. Submit your Assignment. Support your Assignment with specific references to all
  • 2. resources used in its preparation. Use correct APA formatting for all resources. The Walden Writing Center provides preformatted templates with APA-compliant pagination, margins, and spacing. See this week’s Learning Resources. Submission and Grading Information © 2015 Laureate Education, Inc. Page 1 of 3 MSPM 6140: Enterprise and Project Risk Management Outcomes and Alignment Chart University Outcomes I. Facilitate positive social change where they work, in their communities, and in society. II. Use their knowledge to positively impact their profession, communities, and society. III. Demonstrate a commitment to lifelong learning. IV. Apply their learning to specific problems and challenges in their workplace and professional settings. *Information literacy is defined as the ability to know when there is a need for information, and being able to identify, locate, evaluate, and effectively use that
  • 3. information for the issue or problem at hand. V. Demonstrate an understanding of the methods of inquiry used in their professional or academic field. VI. Practice legal and ethical integrity in their professional work. VII. Effectively communicate their ideas and the rationale behind them to others. VIII. Support diversity and multiculturalism within their profession, communities, and society. Program Outcomes 1. Demonstrate the ability necessary to produce project management outputs in accordance with established practices for conducting projects within an organization. 2. Develop project-based solutions to business problems and opportunities to achieve the strategic performance goals of an organization. 3. Manage individual projects from initiation to closure that meet stakeholder requirements and achieve the objectives of the project. 4. Synthesize the threats and opportunities of environmental
  • 4. factors into the creation of project and enterprise-level risk management plans. 5. Evaluate the social change impact on social, economic, and environmental factors that contribute to sustainability in project management. 6. Appropriately apply professional practices for ethical and socially responsible conduct by project management practitioners. © 2015 Laureate Education, Inc. Page 2 of 3 Course Outcomes 1. Analyze risk management concepts in terms of risk impact on individuals, projects, and organizations 2. Evaluate corporate governance structures in relation to organizational approaches to managing risk 3. Assess risk management as integral to business planning and decision making 4. Apply risk management tools and techniques to identify, analyze, monitor, and control risk 5. Perform quantitative and qualitative risk analysis 6. Develop risk responses that are appropriate given the
  • 5. probability and level of impact of the risk 7. Demonstrate the ability to plan, manage, and control risk at the project and enterprise levels 8. Evaluate the trade-off associated with mitigating versus accepting a risk Weekly Objectives Alignment Chart Week 1: Risk: A World of Threats and Opportunity Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s) CMT Outcome(s) University Outcome(s) Explain the concept of managing risk from individual, project, and
  • 6. organizational perspectives D 1 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Evaluate formal risk management in terms of increasing awareness and control over risks D 1 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Assess environmental influences on risk in an organizational setting A 1, 3 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Week 2: Risk Management and Corporate Governance Met in (D#/A# /Other) Course
  • 7. Outcome(s) Program Outcome(s) CMT Outcome(s) University Outcome(s) Assess approaches to managing risk at the enterprise level D 2 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Articulate the value of ERM in organizations A 2 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Assess the adoption and growth of ERM as a business strategy A 2, 3 2 1, 2, 3, 5, 6, 8, 10
  • 8. 1, 2, 4, 5, 6, 8, 9 Week 3: The Risk Management Process Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s) CMT Outcome(s) University Outcome(s) Assess the relationship between risk management practices and organizational goals D 3 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Formulate an approach for conducting project risk
  • 9. management A 4 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Explain how project risks will be identified, analyzed, and A 4, 7 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 © 2015 Laureate Education, Inc. Page 3 of 3 controlled for a business project Week 4: Identifying and Categorizing Risks Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s)
  • 10. CMT Outcome(s) University Outcome(s) Distinguish between qualitative and quantitative types of risk D 5 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Apply established project risk management practices to identify risks for a business project A 4, 7 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Classify project risks and their characteristics in a risk register A 4 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9
  • 11. Week 5: Risk Assessment Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s) CMT Outcome(s) University Outcome(s) Analyze project risks using qualitative tools and techniques D, A 4, 5, 7 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Analyze project risks using quantitative tools and techniques D, A 4, 5, 7 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6,
  • 12. 8, 9 Week 6: Responding to Risks Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s) CMT Outcome(s) University Outcome(s) Assess the practice of responding to project and organizational risk D 6 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Determine appropriate risk management response strategies A 4, 6 1, 4 1, 2, 3, 6, 8, 10
  • 13. 1, 2, 4, 5, 6, 8, 9 Formulate risk response and contingency plans using project risk management tools and techniques A 4, 6 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Week 7: Monitoring and Controlling Project Risks Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s) CMT Outcome(s) University Outcome(s)
  • 14. Assess the influence of individual stakeholder attitudes and behaviors on risk management D 1, 2 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Apply project management tools and techniques to monitor and control project risks A 4, 7 1, 4 1, 2, 3, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Week 8: Individual and Organizational Risk Attitudes Met in (D#/A# /Other) Course Outcome(s) Program Outcome(s) CMT
  • 15. Outcome(s) University Outcome(s) Evaluate the trade-off of preventive costs and the organizational impact of not mitigating risk D 8 2 1, 2, 3, 5, 6, 8, 10 1, 2, 4, 5, 6, 8, 9 Legend D = Discussion A = Assignment