Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for

Answer preview for Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for

Assignment Content

  1. Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management. Add the following 2 columns to the project plan table you created in Wk 4 – Apply: Project Plan:
    1. Potential Risk Factors
    2. Contingency Plans Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan. Use Microsoft PowerPoint® , Prezi® , or another software to create a 12- to 14-slide executive presentation—with appropriate images and diagrams—that summarizes the following information:
    • The organization’s information presented in Wk 1
    • SWOT analysis and market trend research
    • Project objectives
    • How success will be measured
    • The value this project will bring to the organization
    • Project metrics
    • Timelines
    • Responsible parties
    • Potential risk factors
    • Contingency plansInclude detailed speaker notes within the presentation. Convert the speaker notes to a Microsoft Word document and add it to the citations slide. 
      Note: Review the Strategic Management- 8 Most Popular Cases located in the Course Resources folder at the top of course. Cite all sources according to APA guidelines. You will submit 2 different deliverables:
    • Updated project plan with potential risk factors and a contingency plan
    • Executive presentation with detailed speaker notes as a Word document within the presentationSubmit your assignment.
      Resources

Answer preview for Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for

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