Read the following case study and respond to the questions at the end:
QUESTIONS: Identify at least 3-5 main risks of these projects? Create a 5x5 risk matrix and assign values to the matrix and then each of the risks you have identified to indicate where you believe the risks fall within the risk matrix. Explain why you have placed each where you did.
How can we develop a methodology where termination of a project is not viewed as a failure? What techniques would you use to close out a terminated project?
Were the wrong people assigned as sponsors? Did the organizational structure play a part in the issues? How? Explain your answers. What is in a risk management plan and how could the risk management plan have been used to help the sponsors? What processes would you have in place to manage conflict, process gates, and approvals? Explain how they would be used for this case. What would your recommendation have been for this case study and why?
Sample Solution