Develop a charter for the rals rostering project

Assignment Help Risk Management
Reference no: EM131203308 , Length: word count:1000

Task

https://www.slideshare.net/frankdrake/rals-freedom-project-management-methodologies-training

Develop a charter for the RALS Rostering project including:

Include the project description and overview you have developed as part of your preparation for Assessment 3.

Part One:

MOV - Measurable Organisational Value

(This is the goal of the project and is utilised to define the value that your team project will bring to your client)

- Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social
- With reference to your project, identify one or two of the following types of value:
Better - is improving quality important to your client?
Faster - does your client want to increase efficiency?
Cheaper - is cutting costs important?
Do more - does your client want to continue its growth?

- Develop an appropriate metric - this sets the target and expectation of all the stakeholders. It is important to determine a quantitative target that needs to be expressed as a metric in terms of an increase or decrease of money.

- Determine the timeframe for achieving the MOV - ask yourselves, when do we want to achieve this target metric?

- SUMMARISE THE MOV IN A CLEAR CONCISE STATEMENT OR TABLE
(Note: the MOV should inform everyone what the project will achieve, not how it will be achieved. It should also focus on the organisation, not on the technology that will be used to build or support the information system).

Part Two

Define Scope and produce a Scope Management Plan

Define the scope of the project and detail how the scope will be managed.

Provide a list of Resources

Identify and detail the resources for the project using MS Project where appropriate, including:

- People (and their roles), plus any extra personnel that is required for the project.

- Technology - any hardware, network and software needs to support the team and your client.

- Facilities - where will most of the teamwork be situated?

- Other - for example, travel, training etc.

Part Three:

Using MS Project, develop a schedule using a high level Work Breakdown Structure (WBS). It should include:

- Milestones for each phase and deliverable

- This will tell everyone associated with the project that the phase or deliverable was completed satisfactorily.

- Activities / Tasks o Define a set of activities / tasks that must be completed to produce each deliverable.

- Resource Assignments

- Assign people and resources to each individual activities.

- Estimates for Each Activity / Task

- Develop a time estimate for each task or activity to be completed.

Part Four:

Project Risk Analysis and Plan

- Document any assumptions you have made about the project

- Using the Risk Identification Framework as a basis, identify five risks to the project - one for each of the five phases of the methodology.

- Analyse these risks, assign a risk to an appropriate member, and describe a strategy for the management of each specific risk.
Part Five:

Quality Management Plan. It should include:
- A short statement that reflects your team's philosophy or objective for ensuring that you deliver a quality system to your client.
- Develop and describe the following that your project team could implement to ensure quality;
- A set of verification activities
- A set of validation activities

Reference no: EM131203308

Questions Cloud

Calculate the average value for each of the loads : Performs curve-fits of all the data - Determines what type of loading has been applied based on which curve-fit is the best. 6.Demonstrates that the chosen curve-fit is the best both graphically and numerically.
List of key internal control threats to the organisation : List of key Internal Control threats to the organisation and explain how the threat you have identified - A list of additional recommendations such as future features, or changes to operations or market mix.
Compare and contrast the justice system : Compare and contrast the justice system of a foreign country with that of the United States - You should consult outside sources to ensure that you thoroughly address each issue.
Brief analysis of consumer perceptions : HI5004 Marketing Management - Brief analysis of consumer perceptions and behaviour about the brand and Comments on both Micro and Macro environmental forces affecting the company
Develop a charter for the rals rostering project : Develop a charter for the RALS Rostering project - Identify the desired area of impact - Rank the following areas in terms of importance: Strategy / Customer / Financial / Operational / Social
Evaluate the financial impact on london : Evaluate the financial impact on London as a leading financial centre in the world, if the referendum result on Brexit on 23 June 2016 turned out that Britain leaves the EU.
Determine the voltage v2 : Determine the voltage V2. - Determine the reading of a DMM having an internal resistance of 11 MΩ when used to measure V2.
Research the economic environment jetstar might be operating : Research the economic environment Jetstar might be operating within in remote and regional Australia. Using a PESTEL analysis review the macro-economic environment and identify any issues you think might impact the expansion plan. You should inclu..
Conduct a literature review of the topic : CP5607 HCI Research Report - An important skill for any graduate student is the ability to independently read and critique research papers and In this assignment, you are to choose an HCI research topic and conduct a literature review of the topic.

Reviews

Write a Review

Risk Management Questions & Answers

  Estimate the maximum profits and the breakeven stock prices

Use the spreadsheet to find the profits for the possible stock prices on August 1. Generate a graph and use it to estimate the maximum and minimum profits and the breakeven stock prices.

  Do you believe the credit risk has increased

Do you believe the credit risk has increased? Have the owners of the Hypothetical Manufacturing Ltd withdrawn funds from the business as dividends

  What is the maximum amount of money

Suppose earthquakes are predicted based on the seismic test information;i.e., an earthquake is predicted if a fault line is 1 mile or less away, and no earthquake is predicted otherwise. What is the maximum amount of money you are willing to pay f..

  Which bond should the investor select

An investor in the 28 percent tax bracket is trying to decide which of two bonds to purchase. One is a corporate bond carrying an 8 percent coupon and selling at par. The other is a municipal bond with a 51/2 percent coupon, and it, too, sells at ..

  Evaluate alternative investments with unequal lives

Why is it important to consider cannibalization in situations where a company is considering adding substitute products to its product line and Holding the cutoff period fixed, which method has a more severe bias against long-lived projects, payback..

  What are various parameters of traditional diversification

Explain traditional diversification. What are the various parameters of traditional diversification? Do you believe the proportion of different categories of credit assets affect the quality of the portfolio?

  What problems can arise in using scores instead of alphas

What problems can arise in using scores instead of alphas in information analysis? Where in the analysis would these problems show up?

  How risk response plans would be addressed

Create risk matrix, and address how risk response plans would be addressed

  Project expected return risk

Project Expected Return Risk

  Problem 1bond abond

problem 1bond abond bunitmaturity47yearscoupon56annualprice101.79102.85-you knowfor certainthat the 3 year rate in 4

  Your company has a single zero coupon bond outstanding that

your company has a single zero coupon bond outstanding that matures in five years with a face value of 35 million. the

  Determine the value of portfolio if domestic stock increases

Determine the value of the portfolio if the domestic stock increases by 2 percent, the domestic stock futures contract increases by 1.8 percent, the foreign stock increases by 1.2 percent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd