Prepare A Paper Addressing Each Of The Following Items

Prepare A Paper In Which You Address Each Of The Following In Separate

Prepare a paper in which you address each of the following in separate, titled sections framed by an introduction and a conclusion: Select a hypothetical or real project in a professional organizational environment, like implementing a computer system or replacing a set of outdated machines in a manufacturing cell. Describe the project specifically and measurably in terms of scope, budget, schedule, and quality. Identify 3-4 logical chronological phases that comprise the entirety of the project duration and describe these phases. Brainstorm a total of eight risks facing this project, including six negative risks and two positive risks. State each of the six negative risks concisely in the form of an undesirable event and explain each risk. State each of the two positive risks concisely in the form of a desirable event and explain each risk. Prepare a table that includes the following column headings, from left to right: Project Phase, Risk, Impact, Likelihood, Composite Risk Score, Response Type, and Response Description. Populate only the first two of these columns. Populate the first column with the names of the phases identified in (2) above. Populate the second column with the eight risks identified in (3) above in such a way that each risk appears in the same row of the table as the project phase to which it pertains. Title, but do not populate, the Impact, Likelihood, Composite Risk Score, Response Type, and Response Description columns at this time. You will populate these columns as a part of your Module 6 CT Assignment. Your paper should be 4-5 pages in length, including the table presented in (4) above. You are required to support your paper with at least three scholarly sources.

Paper For Above instruction

This paper explores the project management process involved in executing a significant organizational initiative—specifically, the implementation of a new computer system within a mid-sized manufacturing company. The project's primary aim is to enhance operational efficiency and data accuracy by replacing outdated hardware and software solutions. This discussion details the project's scope, budget, schedule, and quality considerations, identifies the core phases, delineates risks, and provides a structured risk table aligned with project phases.

Project Description and Measurable Objectives

The selected project involves the complete overhaul of the company's manufacturing information system, including hardware upgrades, software integration, and staff training. The scope includes replacing all legacy production machines with modern, automated equipment, implementing a new Enterprise Resource Planning (ERP) system, and training personnel to maximize technological adoption. The measurable objectives include completing the system upgrade within a $2 million budget, a 9-month implementation timeline, and achieving 95% system uptime and user satisfaction scores of at least 85% post-implementation.

Project Phases

The project comprises four logical phases: Planning, Design & Procurement, Implementation, and Post-Implementation Support.

- The Planning phase involves needs assessment, stakeholder engagement, and developing detailed project plans.

- The Design & Procurement phase encompasses system design, vendor selection, and acquiring hardware and software.

- During the Implementation phase, hardware installation, software deployment, data migration, and training occur.

- Finally, the Post-Implementation Support phase provides ongoing maintenance, user support, and performance monitoring.

Risks Identification

Effective risk management is crucial for project success. A total of eight risks are identified: six negative risks representing threats and two positive risks representing opportunities.

Negative Risks:

1. Hardware delivery delays leading to schedule setbacks.

2. Cost overruns exceeding the allocated budget.

3. System integration failures causing operational disruptions.

4. Resistance to change from employees reducing system adoption.

5. Data migration errors resulting in data loss or inaccuracies.

6. Security vulnerabilities exposing the company to cyber threats.

Positive Risks:

1. Early completion of hardware procurement allowing additional training.

2. Successful vendor partnership leading to additional system features or support.

Risk Table Construction

The risk table below aligns each risk with its relevant project phase, providing columns for Project Phase and Risk, with the remaining columns set for future population:

This comprehensive outline provides a structured approach to managing the project's risks and ensures a systematic review of potential threats and opportunities aligned with each phase.

References

• Project Management Institute. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide) (6th ed.). Project Management Institute.
• Kerzner, H. (2013). Project Management: A Systems Approach to Planning, Scheduling, and Controlling (11th ed.). John Wiley & Sons.
• Chapman, C., & Ward, S. (2011). Project Risk Management: An Integrated Approach. John Wiley & Sons.
• Hillson, D. (2017). Practical Project Risk Management. Management Concepts Press.
• Meredith, J. R., & Mantel, S. J. (2017). Project Management: A Managerial Approach (9th ed.). Wiley.