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Consider the construction of a $500,000 single-family house in your city or region. Develop the...

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Finance

  • Consider the construction of a $500,000 single-family house in your city or region. Develop the project plan that would see this completed.
  • Assess Risk and Plan Risk Responses. This requires two matrices. The first is a Risk Assessment Plan as found on page 212, Figure 7.6. (A Guide to the Project management body of Knowledge: PMBOK Guide.) The second is the Risk Response Matrix, Figure 7.8 as found on page 217.
  • Create the Procurement Management Plan. See the outline of the six elements of such a plan on page 451 of our textbook. Create a grid and explanation of the goods or services required and whose responsibility and timelines for obtaining. This as noted would typically be picked up by the project implementation team. There should be a one to two-page summary of the grid and the planning and decisions that created that. (Document)
  • Create the Stakeholder Register. (Grid format using Word or Excel) There are ten groupings of stakeholders as defined on page 341-343, (A Guide to the Project management body of Knowledge: PMBOK Guide). Create a grid by choosing those stakeholders that would be involved in your project. Identify the stakeholders interest in the project and the impact that each bring to planning or project delivery.

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