Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management.
Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan assignment.
Create a 12- to 14-slide presentation with detailed speaker notes and visuals on every slide in which you:
- Identify the organization’s information presented in Wk 1.
- Synthesize the SWOT analysis and market trend research.
- Explain how the project objectives will advance the organizational goals.
- Assess how success will be measured.
- Evaluate the value this project will bring to the organization.
- Identify project metrics, timelines, and responsible parties.
- Develop a contingency plan for each of the potential risk factors for not meeting each of the project objectives.
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