MBA641-Risk Analysis and Stakeholder Management Plan
Subject Code: MBA641
Subject Name: Strategic Project Management
Assessment Title: Risk Analysis and Stakeholder Management
Assessment Type: Individual written and diagrammatic analysis
Length:2000 words (+/-10% allowable range)
Individually, you are required to complete a comprehensive risk analysis and stakeholder management plan based on your work in the first and second assessments. Therefore, this assessment is a culmination piece.
The purpose of this assessment is to foster students’ ability to evaluate and determine project viability, including the analysis required in the selection process. This will also form a part of students’ ability to create project portfolios that meet an organization’s strategic goals and requirements and analyze project lifecycles and the processes involved in project development. Students will also demonstrate the criteria required to evaluate the success of projects based on an organization’s goals, strategy and standards and analyze the project lifecycle and the process involved in project development.
Presume that you are advancing the Lot Fourteen project and that you have now been asked to prepare a detailed risk analysis and stakeholder management plan before commencing the project.
Complete a comprehensive risk assessment of your project proposal and statement of work (SOW), linked directly to the case study. In addition, complete a stakeholder management plan, in which you will propose ways to manage relationships between the stakeholder groups identified in the case study and the proposals you have put forward in the first and second assessments.Your analysis needs to be directly linked to the case study and related to all the elements you addressed in the Project Strategy Framework and Statement of Work (SOW).
Your risk analysis should be approximately 800 words. In it, you must include the concepts studied in weeks 4 and 5, accompanied by at least one or more of the risk assessment techniques used, such as risk assessment grid or project risk picture. You must identify potential risks in addition to your research on the project and its site by stating a clear outline of how these will be managed.
Your stakeholder management p should be approximately 1200 words. In it, you must follow an appropriate, professional presentation style addressing the South Australian government (who have commissioned the project) and include the identification of the various stakeholders, their interest and influence over the project, and a clear outline of the engagement strategy for each stakeholder group.
Please don’t forget to outline the appropriate objectives and measures for the various stakeholders, using the relevant frameworks, concepts, and diagrammatic tables, as necessary, to explain your reasoning clearly and concisely.
In addition to the case study, you are required to use at least 15 sources of information and use the Kaplan Harvard Referencing Style. These may include government publications, industry reports, and journal articles. These sources must be presented in the form of in-text citations and a reference list at the end of your submission. Wikipedia and other ‘popular’ sites are not to be used.
This file must be submitted as a ‘Word’ document to avoid any technical issues that may occur from incorrect file format upload. Uploaded files with a virus will not be considered as a legitimate submission.
MyKBS will notify you if there is an issue with the submitted file. In this case, you must contact your workshop facilitator via email and provide a brief description of the problem and a screenshot of the MyKBSerror message. You are also encouraged to submit your work well before the deadline to avoid any possible delay involving the Turnitin similarity report or any other technical difficulties.
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