PM.348.WC1 Project Risk Management PLS. ANSWER THIS ;( INSTRUCTIONS CreateEEE AAAAa “starter” risk register using EXCEL for the two projects (A and ? described below. Include at least 6 risks for project A and at least 8 risks for project B. Project A Description Building a garden shed. This includes the design of the shed, sourcing all the materials required for construction, and putting all of the various pieces together to get the finished shed. Outcome A finished garden shed. Proposed Tasks There are going to be certain tasks that depend on others. You’re going to need to: • Get a set of blueprints for the shed and clear and prepare the area for construction • Source all of the materials for the construction • Prepare the foundation and start constructing the beams of the floor • Lay the floorboards • Construct the frames of the walls and raise and fit each of them • Frame the roof and attach the roofing • Fit in all the siding for the walls • Fit in the windows and the doors From this, it’s obvious that you won’t be able to start fitting the walls until the floor is in place, or start work on the roof until walls have been raised. Stakeholders Besides yourself and those living in your home, your team can be neighbors, or friends. You’ll need to lead them and give them direction on the tasks you want them to do. Outside risks include bad weather or the hardware store not having certain items, or being closed when you need it. Timeline For a project like this that is relatively simple, the timeline depends on how large your team is. With 10 people working on a garden shed, it could be finished in a matter of hours, but doing it alone may take 2-3 weekends of time.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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PM.348.WC1 Project Risk Management PLS. ANSWER THIS ;( INSTRUCTIONS CreateEEE AAAAa “starter” risk register using EXCEL for the two projects (A and ? described below. Include at least 6 risks for project A and at least 8 risks for project B. Project A Description Building a garden shed. This includes the design of the shed, sourcing all the materials required for construction, and putting all of the various pieces together to get the finished shed. Outcome A finished garden shed. Proposed Tasks There are going to be certain tasks that depend on others. You’re going to need to: • Get a set of blueprints for the shed and clear and prepare the area for construction • Source all of the materials for the construction • Prepare the foundation and start constructing the beams of the floor • Lay the floorboards • Construct the frames of the walls and raise and fit each of them • Frame the roof and attach the roofing • Fit in all the siding for the walls • Fit in the windows and the doors From this, it’s obvious that you won’t be able to start fitting the walls until the floor is in place, or start work on the roof until walls have been raised. Stakeholders Besides yourself and those living in your home, your team can be neighbors, or friends. You’ll need to lead them and give them direction on the tasks you want them to do. Outside risks include bad weather or the hardware store not having certain items, or being closed when you need it. Timeline For a project like this that is relatively simple, the timeline depends on how large your team is. With 10 people working on a garden shed, it could be finished in a matter of hours, but doing it alone may take 2-3 weekends of time.
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