Week 4 – Assignment

Altex Corporation

Read Case 3: Altex Corporation in the case study section of your text. Write a summary of the case and answer the following questions from the end of the case.   

• Why was a risk management plan considered unnecessary?
• Should risk management planning be performed in the proposal stage or after contract award, assuming that it must be done?
• Does the customer have the right to expect the contractor to perform risk analysis and develop a risk management plan if it is not called out as part of the contractual statement of work?
• Would Altex have been more interested in developing a risk management plan if the project were funded entirely from within?
• How might the Army have responded if they were presented with a risk management plan early during the R&D activities?
• Can risk management planning be justified on almost all programs and projects?

Your paper must be two- to four- pages in length (not including title and reference pages), doubled spaced, and formatted according to APA style as outlined in the approved style guide. A minimum of two sources, including the text, must be used to complete this assignment.

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.

Week 4 – Discussion 1

60 60 unread replies. 75 75 replies.

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

Triple Constraint and Lessons Learned

The triple constraint in Project Management is known to be time, cost and scope. The ability to manage these three items very often leads to project success. Identify two success factors from Chapter 11; then compare them with two components of failure from the same chapter. Provide an example of a project you led or were a team member where one or more of these factors came into play. Respond to at least two of your fellow classmates’ postings.

Week 4 – Discussion 2

65 65 unread replies. 74 74 replies.

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

Lessons Learned Analysis

One key concept in project management is to learn from previous projects. The Lessons Learned review allows an organization to collect and document the results of both successful and failed projects. Give an overview of a project you were involved with as a leader or team member. Choose three of the project areas listed below and answer one question from each group of questions found in Chapter 12 of your text. Respond to at least two of your fellow classmates’ postings; in your responses, try to respond to people who chose other areas/questions to answer.

1. Time
2. Cost
3. Quality
4. Scope
5. Line Management
6. Methodology
7. Senior Management
8. Customer Satisfaction
9. Business Opportunities