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Project Risks Assignment

Consider the things we've discussed this week regarding the project management process in a hospital setting. Read below

• Describe what risks to the project (not the organization itself) you might face while trying to deliver new technology to this environment. Focus on things that might affect the "triple constraint."

Project Management, the Project Life Cycle, and System Implementation

The project management process provides a systematic, repeatable approach to completing projects. Because it is an approach known across many industries and by most professionals, it is easy to bring staff and contractors up to speed on its use. It's based on phases that feed from one into the next, making each phase dependent on its predecessor. Repeated use of this same systematic process by an organization makes it possible to duplicate successes in future projects. For example, after a team has completed a project that introduces a new patient registration system, that team will likely remember what challenges they faced during each phase of the project management process. In a future project where the same team is bringing in another information system, those experiences will make it easier to avoid actions that didn't work and to make smart choices about ones that did.

The phases are:

Initiation. Kicking the project off requires the project team to:

• Consider the feasibility of the project
• Clearly state the justification for the project
• Name everyone involved, included a project sponsor, a project manager, and the development team
• Launch the project publicly by announcing it to the stakeholders

Planning. During the planning phase the team must:

• Gather the project requirements
• Analyze risks to the project and identify mitigation strategies for those risks
• Write the project management plan, including timelines and resource assignments

Implementation. The meat of the project lies in the implementation phase, where the team:

• Builds the project based on the planning documents
• Monitor the project's progress and takes corrective actions as required
• Gains project acceptance
• Brings the stakeholders on board with the project through training and other activities

Closing. To close the project the team must wrap up all the project materials and archive them for future use (this is one of the ways that teams take best advantage of repeatable processes), announce success, analyze lessons learned, and dissolve the project team.

Risk Management, Finance

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