This website uses cookies to ensure you have the best experience. Learn more

Pm/571 Riordan Manufacturing Project Management Plan Week 4 (W/Instructor Comment)

1238 words - 5 pages

Under the internal risks, such clear categories as suppliers, sub-contractors, contractors, designers and owners are borne in most of the past research methodologies. Under the external risks, the past studies consider natural factors, economic factors, social and cultural factors and political factors as the major categories. The studies have associated each of the above-mentioned categories with a number of risk events. The owner of the Riordan Manufacturing Company can be the source of risk through a number of events, which have been identified in the past methodologies. Among these events are the delaying of payments to contractors, imposition of unreasonably tight schedule, change of ...view middle of the document...

On the other hand, the examples of economic factors, which are sources of risks in fast track projects, are shortage in the availability of equipment, shortage in availability of manpower, shortage in availability of material, currency fluctuation and inflation. The past studies have also identified unforeseen site conditions and unexpected inclement weather as the natural factors that can cause risks in fast track projects. Last, past methodologies have another category of external risks called others, in which such events as difficulty in claiming insurance, local protectionism, unfairness in tendering, delays in resolving litigation and delays in contractual issue resolution are the sources of risks (Frenkel, et al., 2005).

Risk Matrix Structure

| |Impact Score |
| |1 |2 |3 |4 |5 |
|Domains |Negligible |Minor |Moderate |Major | Catastrophic |
|Owner |No delay of payments |Slight delay of |Reasonable delay of |Long delay of payments |Total delay of |
| |to contractors, |payments to |payments to |to contractors, |payments to |
| |imposition of |contractors, imposition|contractors, imposition|imposition of |contractors, imposition|
| |unreasonably tight |of unreasonably tight |of unreasonably tight |unreasonably tight |of unreasonably tight |
| |schedule, change of |schedule, change of |schedule, change of |schedule, change of |schedule, change of |
| |design, improper |design, improper |design, improper |design, improper |design, improper |
| |intervention, and |intervention, and |intervention, and |intervention, and |intervention, and |
| |delays in getting |delays in getting |delays in getting |delays in getting |delays in getting |
| |access to the site, |access to the site, |access to the site, |access to the site, |access to the site, |
| |lack of scope |lack of scope |lack of scope |lack of scope |lack of scope |
| |definition, sudden |definition, sudden |definition, sudden |definition, sudden |definition, sudden |
| |bankruptcy, and breach |bankruptcy, and breach |bankruptcy, and breach |bankruptcy, and breach |bankruptcy, and breach |
| ...

Other Essays Like Pm/571 - Riordan Manufacturing Project Management Plan - Week 4 (W/Instructor Comment)

FIN 571 Week 4 Connect Problems

1287 words - 6 pages .) WACC _____ % Click here to download now just a click away………?? Complete Assignment FIN 571 Week 4 11. Miller Manufacturing has a target debt–equity ratio of .65. Its cost of equity is 13 percent, and its cost of debt is 9 percent. If the tax rate is 40 percent, what is the company’s WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC

Project Management Pm 598 Week 6

967 words - 4 pages transpired during the negotiation portion, and prior to the finalizing and signing of the contract for this project. b) The fact that it happened prior to signing the contract is deduced from what the building manager, Iris said during the project team meeting. c) It is implied that during the finalization stage of the contract, the agreements probably changed thus the condition in the memo no longer holds as it did prior to this. Thus, as

MKT 571 Week 4 Quiz UOP HomeWork Help

871 words - 4 pages €¢ Marketing distribution • Strategic distribution • Selective distribution Want to download the Complete Assignment..?? Click MKT 571 20. What type of system does a firm employ to decide about the most critical decisions management faces? • Pulling system • Marketing channel system • Pushing system • Advertising strategic system Find the quiz answers here MKT 571 Week 4 Quiz 21. What is an ultimate form of foreign

Mkt 571 Week 4 Quiz Complete Assignment Help

779 words - 4 pages decisions management faces? • Pulling system • Marketing channel system • Pushing system • Advertising strategic system Download Complete Answers MKT 571 Entire Course 21.What is an ultimate form of foreign involvement? • Direct ownership • Direct investment • Foreign trade • Foreign investment About Author This article covers the topic for the University Of Phoenix MKT 571 Week 4 Quiz. The author is working in the field of

Project 4 Finding 401k Plan

531 words - 3 pages beta for each individual stock i, the portfolio beta is simply β_p=∑_(i=1)^n▒w_i β_i where w_i is the weight of stock i in the portfolio. Note you need to run regression analysis for each stock. If your portfolio contains 30 stocks, you will need to run 30 regressions and find 30 beta’s respectively. Comment on how you find beta is related to the stock’s industry (Finance? Manufacturing? Retail? Utility?) or relate to the company’s size

Acc553 Week 4 You Decide Project

1834 words - 8 pages in carrying on any trade or business..”., One way I would suggest you can reduce your future taxable income is to establish a Simplified Employee Pension IRA (SEP). This is a retirement plan that you can establish as a self-employed individual. You will be allowed a tax deduction for contributions made to the SEP. A great benefit of this is that it not only can up to 18.6% of your net profits; also your contributions to SEP IRAs are

Effects of Quality Management at Riordan Manufacturing

1500 words - 6 pages building and preserving its relationships with customers all over the United States, at the same time being a responsible partner with local communities to improve the quality of life for all (Strategic Plan Management, 2009). The more consumers Riordan serves the better. Global Effects Delivering products globally for Riordan Manufacturing can tend to be a difficult process because the company only has one factory outside the United States in

Project Management Plan

2103 words - 9 pages throughout the organization. TABLE OF CONTENTS Executive Summary 1 Table of Contents 2 Project Description 3 SWOT Analysis 4 Project Charter 5-6 Project Schedule Workflow Breakdown 7 Cost Estimate 8 Risk Management Plan 9 Communications Management Plan 10 Quality Management Plan 11-15 References 16 Appendix A 16 PROJECT DESCRIPTION The

Project Risk Management Plan

2871 words - 12 pages project manager needs to be able to plan and coordinate the efforts rather than perform the efforts of Project Integra. It would be in the best interest to release two of the four database staff to the other project. This would meet the demands of the management to pursue the other project, and it may slowdown Project Integra, but, it would not bring the entire list of tasks to a stop that need to be accomplished. The Database Specialist are an

Project Management Plan

602 words - 3 pages : | |Document initial dependencies, usually schedule or task related. These will be developed further in the Project Management Plan (during the planning | |process). | |[Refer to the third week's class presentation slides on "Defining the Project

Mgt 311 Week Employee Portfolio Management Plan

550 words - 3 pages their jobs. I would also recommend a problem solving and writing assessment. Conclusion The characteristics of the employees can have a huge impact on the success of a business. Employees all have different characteristics that can be assets to the company. Likewise they have characteristics that could possibly harm the company depending on how long they are allowed to continue the behavior. Assessments can help ensure that the best candidates are hired for open positions. The success of a company can rise or fall on the shoulders of its employees. References Employee Portfolio Management Plan Self Assessments from week 1

Related Papers

Production Plan For Riordan Manufacturing Ops 571

1002 words - 5 pages Production Plan for Riordan Manufacturing Production planning includes strategic capacity planning and lean production to provide the most efficient and cost effect process design and supply chain. Riordan Manufacturing has a capacity plan in place that supports both the design capacity and the output plans for the organization however remaining competitive in a rapidly changing business requires constant process evaluation. Strategic capacity

Week 4 Mkt/571 Essay

1320 words - 6 pages Joelson, D.A. (2005, January). The good olive: like its wine, Chile hopes its olives tackle on old European market stronghold. Retrieved December 19, 2009 from Kerin, R.A., Hartely, S.W., Berkowitz, E.C. & Redelius, W. (2006). Marketing (8th Edition). New York: McGraw-Hill Companies. Kotler, P. (2002). Marketing Management

Proposal For Riordan Manufacturing Ops 571

1102 words - 5 pages Proposal for Riordan Manufacturing OPS/571 August 21, 2012 PRODUCTION STRUCTURE FAN Fan Mold for blades and housing Fan Motor HDPE Pellets (Polymers) Other Miscellaneous items Forecast Order Order Motors and Put in Storage No Motors in Storage Area? Ye s Ye s Polymers in Storage area? Custom No Order Polymers and Put in Storage Standard or Custom? Melt polymers and inject into molds Research

Week 4 Performance Management Plan Essay

1023 words - 5 pages performance management plan may make it more effective as it will have elements from both sides, upper and lower level management, of the business. According to Performance Management, “Effective PM will help your organization raise individual performance foster ongoing employee and supervisor development, and increase overall organizational effectiveness” (n.d.). References Cascio 9ed. (2012). [VitalSouce