SBM3302 - Project Execution Planning and Management - Risk Management Plan - Management Report Writing Assessment Answer

Assessment Task:

SBM3302 - Project Execution Planning and Management Report Writing Assessment Answer

Assessment 1: Quiz

Assessment Details:

This quiz will assess your knowledge of key content areas (Week 1 & 2 content) and to identify further support needs. For successful completion of the quiz, you are required to study the material provided (lecture slides, tutorials, and reading materials), engage in the unit’s activities, and in the discussion forums. The prescribed textbook is the main reference along with the recommended reading material. By completing this assessment successfully, you will be able to identify key aspects of risk management as per best project management practices. This will then help in achieving ULO1, this, in turn, will help you in achieving CLO-1 and CLo-2.

Assessment 2: Case Study

Assessment Details:

The assignment is designed as an imaginary case study for students to practice procurement and risk management concepts.

The individual assignment has the following major deliverables:

1. Select a project at your target company

2. Provide a background of the case project

3. Recommend the best project delivery method for your project based on the criteria that YOU think is most crucial to this project. Be mindful that the types of delivery methods that need to be evaluated are Design-Bid-Build, Design-Build and CM@Risk. You must document all your assumptions and rationale for the selection of the project delivery system. All yours suggested grading (the criteria, weights, and scores) should come with justifications and explain why you gave such grade to each element of the selection matrix.

4. Evaluate and recommend the best financial contract type for your project based on the criteria that YOU think are crucial to this project. The types of contract that need to be evaluated are Lump sum contract, Guaranteed Maximum Price Contract and Cost-Plus Fixed Fee Contract. All grading must be justified and explained.

5. Evaluate and recommend the best procurement method for your project based on the criteria that are crucial to this project. The types of procurement that need to be evaluated are Competitive, Negotiated and Best Value. All grading must be justified and explained.

6. Develop Risk Management Plan including Risk Register, Risk Quadrant Analysis, and risk mitigation plan.

Assessment 3: Report

Assessment Details:

The Team Project is meant to help you apply what you learn in the course to a project that your team will evaluate. This is a group project. Students will form groups of around four/five. The group should identify a case project. You should choose any professional project (not personal, like planning a wedding) to study. This project may be at your current place of work, but it cannot be one where the company already has PM documents developed (this relies on your academic integrity).

Instructions:

Here are the deliverables that your Project Team will need to produce:

1. Select a project at your target company

2. Provide a background of the case project

3. Develop Risk Management Plan including Risk Register, Risk Quadrant Analysis, and risk mitigation plan

4. Develop a Quality Management Plan including at least 5 total metrics (qualitative and/or quantitative)

5. Develop Procurement Management Plan. Make a plan (including delivery system, contract type, procurement method) for acquiring something from 1-2 contractors or vendors

6. Develop Stakeholder Management Plan including conflict management plan.

This SBM3302: Management Assessment has been solved by our Management experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.