Assignment 2 (SHORT REPORT TO SPONSOR) 2,000 words Case Scenario QAHE wishes to improve the spaces available for business students and has asked you to project manage the refurbishment and redevelopment of the London/Birmingham/Manchester (please choose one based on your location) Campus. The preference is for tiered seating that can be retracted, together with acoustic panels on the walls to make it a better teaching space. You have been asked to project manage this process with support from the Facilities Management department at QAHE and have been given a provisional budget of £100k. Bear in mind that the work must not cause disruption to teaching timetables. THIS REPORT HAS 3 PARTS: PART A, PART B AND PARTC PART A Risk Register – draw a table table, as per example to show the risks. Cover the risks for all 3 categories: financial, operational, physical. In total minimum 10 risks. All risks to be written in one table, not separate! (table is not counting for total number of words) The example below: At the end of the table, please include the legend for colours. Notes: * Please remember to add a risk legend/scale below the table to be more explicit, for example (Keeping a scale of 1-3 for the Probability and Impact ), 1 – Low; 2- Medium; 3- High * (The same would apply to the colour description) * Don’t forget that your Risk Score (Rating) is calculated as follows = Probability x(multiply by) Impact Here is an example of a legend: Present a discussion on importance of Risk Register (entails Risk Management) – 500 words – Add an example each of where a project succeeded and failed (real life example) in relation to presence or absence of risk management PART B (Approx. 650 words) – Importance of correctly managed Project Closure – use theory -What is it project closure -Why it is important to get it correctly done -Which activities are important and which activities are involved in a project closure *explanation of the need for well managed closure process for the completion of the project *use the 5W and H concept to explore the closure process and procedure for a project *use available concepts and literature t support your analysis *things to avoid (such as hedgehog syndrome) and lessons to learn (audit and reviews) for the present or the future projects PART C (Approx. 700 words) – Brief introduction on the following methodologies: – Waterfall – what it is + show waterfall diagram + Pros and Cons – pros and cons can be in a table – Agile – what it is + show agile diagram + Pros and Cons- pros and cons can be in a table – Prince 2 – what it is + show prince2 + Pros and Cons- pros and cons can be in a table) Conclusive evidence (Approx. 150 words); this basically brings the rationale in few lines what methodology you chose for your project and why? For example, which of the methodologies described in your part C is applicable for your project and why the other two are not compatible with your project.
