For the
Unit 1 assignment use the following scenario, Review
the scenario first and then continue on with your assignment. Consider saving
the PDF or printing it out for your reference.
You have
been meeting with the CEO, the project sponsor, your manager, and the heads of
all the other departments to discuss the project and their expectations. You
are starting to be concerned about the level of risk of this project and
whether or not the organization really understands it. as far as you can tell,
the company has never done formal risk management, taking a more relaxed
approach to risks. You are starting to develop your risk management plan; you
will present it to your manager and the sponsor in two weeks along with some
other project planning deliverables.
Assignment
Guidelines:
Create a
project charter and identify the key constraints of the project (scope, budget,
timeline, quality, people resources, etc.).
Using the
scenario from this unit, create a spreadsheet that lists all the project risks
you see based on what you currently know about the project. List at least 15
risks. For each project risk, provide a:
Detailed
description
Category
(schedule, strategy, people, etc.)
Note: This
list will be used in later activities throughout the course.
Your
submitted assignment (140 points) must include the following:
A 2–4 page
typed document that includes:
A project
charter and identification of key constraints
At least
15 risks listed in a spreadsheet with a detailed description and the category
of each
Scenario
You are a
manager at Lectocomp Electronics Manufacturing Company, a company that produces
a number of different computer boards used in various products produced by
their customers. At the company’s quarterly meeting, the head of marketing
described a new product to be introduced in the first quarter of the next
fiscal year, approximately twelve months from now. The product will be a device
used in different medical products. As a result, any work done on that product
falls under various government regulations. This regulation aspect is new to
Lectocomp Manufacturing. This product will open new markets for the sales
channel, lay the foundation for add-on products, and generate new revenues. You
have only seen preliminary sketches of the new product, but you are very
excited by it.
The project will require participation from most of the company’s departments:
design, engineering, production, purchasing, shipping, sales, and marketing
departments. Lectocomp Manufacturing uses another company to produce the
prototype boards; the final boards will be manufactured in-house. Although this
is a “mission-critical” project, no additional staff will be added.
People will be expected to balance their project responsibilities with their
day-to-day work (including other projects). The project manager is to be
selected from the engineering department. This is a first, as the project
managers normally come from the marketing department. A project of this scale
has never been managed by an in-house person before. Historically, a project
manager/consultant has been brought in. You were hired as an engineer with
Lectocomp three months ago, and this week, you were told that you have been
selected to be the project manager. In your prior job, you were a project
manager for most of the company’s large initiatives—most of which were quite
successful.
You have experience in manufacturing and medical products but have not done any
product work since you started at Lectocomp. You have been involved in some
engineering clean-up activities and have not worked with many people outside
your department yet. The company has not historically had strong processes to
follow nor has communication been a core competency. However, six months ago, a
new CEO was brought on board who has focused on improving the organization’s
skills in those areas. She is the leader who has insisted on managing the
project internally. She is also somewhat familiar with the regulated environment
and requires that you follow all the strict, formal processes that will need to
be implemented as the project progresses. She is in the process of interviewing
candidates for a new quality manager position. This manager will be responsible
for implementing the required processes, controls, and metrics; you will be
working closely with that person.
