Bn205 Project Management-Risk Management Assessment Answers

Identification of risk

Assessing risk

Management Strategies

 Improper estimation of budget

 Due to improper estimation of the budget, it is quite difficult for the project manager “Matt Yousif” to complete the entire preparation of the birthday party properly and as a result it would create number of issues within the birthday party including improper facility of lighting, furniture as well as DJ for making the birthday night a memorable one.

 In order to resolve this problem it is quite important for the project manager to pay lot of attention to the project planning and vendor’s capability. It is identified that utilization of proper scheduling charts and tools and as well as constant tracking of the project are also helpful in estimating the budget of the project accurately.

Insufficient time for preparation

 The time that is estimated for completing the preparation of birthday party is found insufficient and as a result the project managers will not be able to complete all the planned activities for the birthday celebration. It is identified that insufficient time for completing the project affects the quality of the project therefore it is quite important to estimate the project time accurately.

 It is identified that in order to analyze the time requirement of the project it is quite important to utilize proper strategies. Proper step of estimating time must be utilized which includes bottom up estimation so that the estimation of the time must be done accurately.

Improper security of belongings

 It is identified that no security is provided for the belongings of the guests and as a result the guests who are attending the birthday party are generally responsible of their belongings. It is identified that this can create number of problems. The belongings of the guests can be misplaced or can be stolen.

 In order to resolve this issue, it is quite important for the project manager to provide proper security facility that will be helpful in locking the personal belongings of the guests who are attending the party so that their belongings does not get misplaced.

Food are improper quality

 The quality of food that is provided is not of proper quality. The ingredients of the food are not fresh. This can create negative impact on the guests who are attending the birthday party.

 It is very much important for the project manager to provide proper quality of food so that the guests can enjoy the food properly and became happy with the birthday celebration. It is identified that number of varieties of foods must be served so that the people according to their choice can enjoy the food.

Improper management

 The management of the birthday celebration party is not appropriate and as a result the project managers face number of issues as well as challenges for completing the entire project successfully. The various activities of the project are not scheduled properly and it can create negative impact on the quality of the project that is delivered to Thomas More

 In order to manage the project effectively for completing the entire project within the estimated time and budget, it is very much important for the project manager to manage the project effectively by utilizing several steps that include setting and prioritizing goals, defining deliverables, creating schedule of the project, identifying issues, presenting project plan as well as creation of problem plan. In addition to this, experienced project manager must be hired for managing the project appropriately.

Identification of risk

Assessing risk

Management Strategies

 Improper safety to the designers as well as architects

  It is found that improper safety to the designers as well as to the architecture put them into number of severe risks as well as issues and they faces number of health issues including injury. Therefore it is quite important to implement proper health and safety rules.

It is identified that safety in design is one of the key principle of workplace health and safety laws that generally considers safety at the construction of the design stage of the project is quite necessary. It is identified that safety in design generally considers demolition, electrical works, traffic factors, refurbishment and many more. Implementation proper rules and regulations are helpful in providing proper safety to the workers.

Insufficient height safety

 It is identified that proper height safety facility is not provided to the people who are engaged with the project “management of birthday party” and as a result if a case of accident occur then the workers will face severe consequences like injury and death. Therefore it is quite important to provide height safety facilities to the people who are involved with the birthday party.

 Proper height safety knowledge must be provided to the workers so that they do not have to face severe consequences like injury and death. Proper helmet as well as boots must be utilized in order to ensure proper height safety.

 Inappropriate professional development

 Thomas and Yousif are friends and as a result Yousif is not professional at his work. Due to absence of proper professionalism, Yousif faces lot of challenges in completing the event properly on time. Due to inappropriate professionalism, the members who are involved with the project are also not trained.

 Proper project related training to equipment designers as well as construction professionalism  must be developed in order to construction the project properly as well as WHS obligations as well as safety in design so that the entire project can be completed within time.

 Improper training

 The project manager as well as other employees who are involved for arranging the event for the birthday celebration are not trained properly and as a result they are incapable of managing the birthday celebration properly which further enhances project cost and time.

 Proper training facility as well as proper advice from time to time must be provided to both the project manager as well as other members who are involved with the project in order to make proper arrangements for birthday celebration without compromising the quality.

Identification of risk

Assessing risk

Management Strategies

 Improper disposal

 The garbage or the waste products including plates, classes, caps and other things are not disposed properly and as a result it will create risk on the safety of the environment. Therefore it is quite important to utilize proper strategies that are helpful in disposing the wastes.

 Proper management strategies must be utilized so that all the waste materials as well as extra products are disposed properly and it does not create risk n the safety of the environment.

 Improper management of sound system

 The sound system that is utilized is not managed properly and as a result the other residents of that place feels disturbed due to the use of speakers and DZ. Therefore it is quite important to adjust the sound range properly.

 The range of sound must be adjusted properly so that the residents of that place do not feel disturbed by the noise and it will also avoid noise pollution. This step is quite significant in avoiding risks on the safety of the environment.

Improper arrangement of dustbins

 The guests do not behave properly and as a result bottles, plates are thrown on the ground which creates risk for the environment safety. Therefore proper arrangement of dustbins must be made.

 Proper arrangement of dustbins is made so that the guests can easily dispose the waste bottle as well as plates within it. Thus this step is quite advantageous in resolving safety issues on the environment.