Highlights
Questions
1. Company FTZ is a company that manufactures telecommunications equipment and provides support services to telecommunication operators globally. It concentrates on being able to design, manufacture, deliver and provide project management services to its key customers in Malaysia. The company provides technical support services with a workforce of about 150 engineers and support staff, either permanent employees or through subcontractors engaged in projects.
At present, company FTZ is planning to move its office to a bigger and more strategic location in order to serve its customers better. This is because the company is growing exponentially and the current working space is insufficient. The need of a larger, more modern facility to accomplish business goals for the future is pressing. The moving contract was signed one month ago and is expected to be implemented in the next few weeks.
You were hired as a project manager and you are expected to prepare the following key deliverables of the project plan.
2. A municipal council is considering two alternative proposal to accommodate an increasing assembly. Two schemes exist:
1) Extension of the existing building with modifications to the old building
2) Demolition and rebuilding
The following are the financial implications
Scheme 1
Scheme 2
3. Project risk management is the process of identifying, analyzing and responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal. Risk management isn’t reactive only; it should be part of the planning process to figure out the risk that might happen in the project and how to control that risk if it in fact occurs.
a) Conduct a Risk Management process and identify the top 3 risks complete with the risk response strategies.
Risk management can mean different things on different types of projects. On large-scale projects, risk management strategies might include extensive detailed planning for each risk to ensure mitigation strategies are in place if project issues arise. For smaller projects, risk management might mean a simple, prioritized list of high, medium, and low priority risks.
A risk is anything that could potentially impact your project’s timeline, performance, or budget. Choose the best project management structure that will ensure success for your project and explain why.
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