Example Of Risk Assessment Project

| 2012 |
| EDSML – GROUP NMario Hernández |

[Assignment 1 – Project development and implementation for strategic managers] |
This report contains the initial phases of the project life-cycle. Conception and design of a risk assessment project which aims to illustrate the understanding of tools and techniques used in the planning and control cycle of projects |

Contents

1Introduction 1
2 Project Specification 2
2.1 Background 2
2.2 Project Governance 2
2.2.1 Stakeholder Analysis 2
2.3 Objectives 3
2.4 Scope 3
2.4.1 Identify the hazards and vulnerable population 4
2.4.2 Evaluate Risks 4
2.4.3 Elaborate Report 5
2.5 Human Resources 5
2.5.1 Organisation Planning 5
2.5.2 Project Responsibilities and Control Structure 5
2.5.2.1 FunctionalOrganisation Structure 5
2.5.3 Project HR Requirements 6
2.5.4 Leadership Style 7
2.5.4.1 Directing 8
2.5.4.2 Coaching 8
2.5.4.3 Supporting 8
2.5.4.4 Delegating 9
2.5.5 Team Development 9
2.5.5.1 Forming the Team 9
2.5.5.1.1 Forming 9
2.5.5.1.2 Storming 10
2.5.5.1.3 Norming 10
2.5.5.1.4 Performing 10
2.5.5.2 Team Roles 10
2.6 Risk Management 11
2.6.1Risk Responses 11
2.6.1.1 Risk Management Grid 12
2.6.1.2 Risk Management Mapping 12
2.6.1.3 Accept 13
2.6.1.4 Ignore 13
2.7 Assumptions 13
2.8 Reporting 14
2.8.1 Communication Planning 14
2.8.1.1 Lines of Communication 14
2.8.1.2 Scope of Communication 14
2.8.1.3 Format and Content 14
2.9 Estimates 14
2.9.1 On-Site Surveys Estimated Cost 14
2.9.1.1 Labourcost 15
2.9.1.2 Materials and equipment 15
2.9.2 Interviews Estimated Cost 15
2.9.2.1 Labour cost 15
2.9.2.2 Materials and equipment 16
2.10 Timescales 16
2.10.1 Activity Definition 17
2.10.1.1 Work Breakdown Structure 17
2.10.2 Sequencing 17
2.10.3 Duration Estimating 17
2.10.3.1 On-site surveys duration estimate 18
2.10.3.2 Interviews duration estimate 182.10.3.3 Review of accidents book duration estimate 18
3 Measures to Monitor and Evaluate Progress and Outcomes 19
3.1 Gantt Chart 19
3.2 Project Meetings 20
3.3 Project Reports 20
3.4 Earned Value Management 21
4 Appendices 22
4.1 Appendix 1 – Belbin’s Team Roles 22
4.2 Appendix 2 – Work Breakdown Structure 22
4.3 Appendix 3 – Dependency List 22
4.4 Appendix 4 – NetworkDiagram 22
4.5 Appendix 5 – Critical Path Method 22
4.6 Appendix 6 – Gantt Chart 22
4.7 Appendix 7 – Earned Value Analysis 22

Introduction
Projects have traditionally been managed through a classic functional hierarchical type organisation structure (Burke, 2003). However, projects have different characteristic that make them unique. A project is a temporary endeavour undertaken tocreate a unique product or service (Institute, 1996). Projects have a defined start and finish which gives them a defined life-cycle.

Considering these unique aspects of projects, then the industry has evolved to a different approach so called, management by projects. This is the approach with which has been developed this assignment.

The activity of project management can be described in termsof its component processes, conveniently defined by the PMBOK as nine knowledge areas: Integration, scope, communication, time, cost, procurement, quality, HRM and risk.
Project Specification
Project specification, also called project charter, is the first step of the project planning and control cycle. The project charter officially acknowledges the start of the project. It should include theelements of the PMBOK which determine the deliverables of the project (scope, time, cost and quality) and also the means to achieve them (defined by PMBOK as: integration, HRM, communication, risk and procurement).

Some of the characteristics of project are that they vary in nature, have a life-cycle, have non-repetitive tasks, specific budget, among others. That makes difficult to develop a...