An additional tool for you to use to evaluate your organisation is to perform a SWOT (strengths, weaknesses, opportunities and threats) analysis. SWOT is an analysis tool that identifies relationships between a company's current projects and potential risks that are hidden.
For this individual paper, you will analyse your current employment organization. In your SWOT analysis, include at least two each of strengths, weaknesses, opportunities and threats for at least three potential projects.
To prepare for this Assignment: Download a free trial of mind mapping software found in the Required Software for this week (TheBrain Technologies, 2014).
To complete this Assignment: Create a mind map of a SWOT analysis using the Learning Resources mind mapping software. You will SWOT your current employment organization.
Analyse the SWOT relationships to derive inferences from it. Submit your SWOT mind map and conclusions you derive in one document. Remember to include at least two each of strengths, weaknesses, opportunities and threats for at least three potential projects in your SWOT diagram.
For all Assignments: Unless otherwise noted, your document should have 750-1,000 words (not including the list of works cited), but it is the quality of the answer that matters, not the number of words. Cite and reference all sources using the Harvard Liverpool Referencing System. By Day 7, upload your document using the Turnitin submission link for this Assignment.
What are the external and internal factors that generate project risks? Risk Management is a strategy that is addressed in project plans to mitigate risk factors as well as to implement established procedures when a project encounters unforeseen outcomes or results. Your group will begin the Risk Management section of your Project Plan Outline this Week. You have two Weeks to complete this section of the project plan.
Next Week, your group will submit the entire project plan including the completed Risk Management section. Note: Your group will continually revise the Project Plan Outline draft as you receive feedback from your Instructor. Please make any required changes to the earlier sections of your project plan and note the revision history. To complete this Risk Management portion of the Project Plan Outline: Create a single document. Embed both text and images in the document.
Group Project 5 Risk Management should be submitted in the following format: 5.0 Risk Management This section discusses project risks and the approach to managing them.
1. Project risks: Each project risk is described.
2. Risk table: The complete risk table is presented. Name of risk, category, probability and impact are provided.
3.Risk mitigation, monitoring, management strategy: Present a strategy to deal with each risk. 6.0 Tracking and Control Mechanisms Techniques to be used for project tracking and control are identified.
1. Change management: Discuss a strategy for handling change during the development of the system and after the system has been implemented.
2. Change control: Develop a formal change control system which uses a change control board. These sections should have 750-1,000 words (not including the list of works cited), but it is the quality of the answer that matters, not the number of words.