Discussion of risk management strategies and plan

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Reference no: EM133867516 , Length: word count:2500

Assessment - Hurdle Task

Overview: In this group assessment, students will be presented with a real-life scenario requiring the application of project management principles and techniques. The goal is to analyze and manage project parameters, scope, deliverables, and budget while making appropriate recommendations for contingency plans. Each group will prepare a comprehensive report with a word count of 2500 words. Additionally, each group member will submit a peer review report and a self-reflective report as individual submissions.

Case Scenario: Your group has been appointed by a leading software development company to manage the development and launch of a new mobile application. The application is to help track flights and air traffic to create reports that will assist with government's plan to use airspace for drone for local logistics needs. The company has set ambitious goals for the project, including a tight timeline and a limited budget. The success of this project is crucial for the company to maintain its competitive edge in the market.

Conduct a thorough analysis of the project requirements, including scope, objectives, and stakeholders' expectations.
Develop a comprehensive project plan outlining key milestones, deliverables, and resource allocation.
Identify potential risks and develop contingency plans to mitigate them effectively.
Monitor project progress closely, making necessary adjustments to ensure the project stays on track.
Prepare a final report detailing the project management process, including challenges faced, lessons learned, and recommendations for future projects.

Group Report (2500 words)
Executive Summary
Introduction to the Project
Project Scope and Objectives
Project Plan and Timeline
Resource Allocation and Budget Management
Risk Management and Contingency Plans
Project Monitoring and Control
Conclusion and Recommendations

Peer Review Report (Individual Submission)
Evaluation of each group member's contribution to the project.
Feedback on strengths and areas for improvement.
Self-Reflective Report (Individual Submission)
Reflection on personal learning experiences throughout the project.
Insights gained, challenges faced, and strategies for improvement in future projects.
Video Presentation (5-7 minutes) - you will be asked to present live after week 12 and this live presentation is mandatory. You should be prepared to present
A concise summary of the group's project management process and key findings.

Presentation of the project plan, including scope, timeline, and resource allocation.
Discussion of risk management strategies and contingency plans. Get online assignment help now!
Highlights from the group report, emphasizing key conclusions and recommendations.
Engaging delivery and effective communication of key points within the allotted time frame.

Understanding and application of project management principles.
Clarity and coherence of the group report, addressing all components of the project.
Effectiveness of risk management strategies and contingency plans.
Quality of peer review and constructive feedback provided.
Depth of self-reflection and insights gained from the project experience.

Group Report: Submit by [Deadline].
Peer Review Report: Submit individually within [specified timeframe].
Self-Reflective Report: Submit individually within [specified timeframe].

Encourage active collaboration and communication within the group.
Emphasize the importance of accountability and individual contribution.
Provide support and guidance to students throughout the project lifecycle.
Facilitate opportunities for peer review and constructive feedback exchange.

Reference no: EM133867516

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