Develop a report on key aspects of project risk management

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Reference no: EM132316900

Assessment Description.

In this assessment in Part A students are asked to imagine they have been engaged by Apple (Apple Inc APPL) (or a similar technology company) to develop a report on key aspects of project risk management and how they might be used in proposed future projects in order to manage and limit risk.

In Part B you are asked to conduct a capital budgeting analysis for the Apple Corporation.

Content and process

PART A

Imagine you have been engaged by a technology company to develop a report on key aspects of project risk management. Please chose a company in the technology sector (based anywhere in the world) and write a report to address the below areas. The report should begin with a short executive summary and conclude with several, short general recommendations. The content you include in the report should link the project management principles detailed above with the practices of the technology company you have chosen.

The topics on which students need to make recommendations in their report include:

i) Project selection - How should the company you select determine what projects to undertake and what ones to avoid? What tools, measures, and practices are available to project analysts in this industry?

ii) Cost management - What is the role of project cost management for your chosen company? Why is it important? What strategies or approaches should the company you have chosen adopt in order to effectively manage project costs?

iii) Funding - What funding measures or options are generally available to assist companies like the one you have chosen to fund proposed new projects? The report should include reference to any implications associated with different funding types or models.

iv) Implementation and winding up - Are there any particular issues associated with commencing a project that your company must consider? Why are they important? Who do they impact or affect? What happens when the project finishes? How are projects wound up? Do they just end or are there resource or infrastructure considerations? Are there environmental issues associated with the end of a project?

Where possible, students should relate each section back to the company they have chosen. The executive summary should bring together general recommendations for the student's chosen company relating to i)-iv).

Students should provide between 200-400 words per topic, together with approximately 300 words in total for the executive summary and final recommendations.

Reference no: EM132316900

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Reviews

len2316900

6/5/2019 3:43:59 AM

Conduct relevant research of project management literature and market data and information relevant to your company. Acknowledge your sources. Appropriate in-text Harvard Referencing and reference list You must reference in text and have a reference list at the end of your assignment. See Harvard referencing guide on Academic Success Centre portal page. 2 marks

len2316900

6/5/2019 3:43:53 AM

i) Implementation and winding up Outline the process and issues associated with starting and finishing a project. Evaluate resource, infrastructure and environmental issues to do with your company’s project implementations and make any relevant recommendations. 200-400 words 4 marks Summarise recommendations for project risk management for your company with reference to the analysis conducted in the relevant topics Executive Summary, Conclusion and Recommendation The summary should briefly describe the main issues you identified in each section BUT MOST IMPORTANTLY recommend to your chosen company the main things they MUST consider when managing/limiting risk in a project. This is about applying what you have learnt to ADVISE what key things they need to focus om 3 marks

len2316900

6/5/2019 3:43:47 AM

i) Cost Management Describe the role and importance of a cost manager and strategies to manage project costs. Recommend cost management strategies that your company should undertake with reference to theory and real-world data 200-400 words 4 marks ii) Funding Describe the sources of funding for projects and the benefits or costs of that funding (see topic 8). Evaluate what funding options are available to your chosen company and determine the implications of these options. 200-400 words 4 marks

len2316900

6/5/2019 3:43:41 AM

Integrate project management theory with real-world company practices to make actionable recommendations on below topics Criteria Requirement Marks Available i) Project Selection Descrie and practices used to selebct a project for the chosen company tools. Analyse an example of the practices used by your chosen to company to select between projects. 200-400 words 3 marks

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