PJM410 MOD3 Portfolio Milestone
Question Description
I have attached the bellow in a Word DOX as formatting can be lost
Portfolio Milestone (75 Points)
Important! Read First
Choose one of the following two assignments to complete this week. Donot do both assignments. Identify your assignment choice in the titleof your submission.
Option #1: Executive Summary of a Risk Management Plan
The Project Management Institute (Project Management Institute, 2017)defines the Risk Management Plan as containing some or all of thefollowing elements:
- Risk strategy
- Methodology
- Roles and responsibilities
- Funding
- Timing
- Risk categories
This is outlined in both A guide to the project management body of knowledge and the Practice standard for project risk management.
Instructions:
For the Portfolio Project that is due in Week 8, you willdevelop a complete Risk Management Plan and Risk Register for a project.
Select a project within your industry, or within an industry in whichyou would choose to work as a project manager. Submit an executivesummary of your selection (high-level project charter) for a grade. Youwill also begin to outline a Risk Management Plan for this project andadd to it each week. This will be submitted as part of your PortfolioProject in Module 8.
Your executive summary should meet the following requirements:
- Be 1-2 pages in length, not including the cover and references pages.
- Be formatted according to theCSU-Global Guide to Writing & APA (Links to an external site.).
Refer to the Portfolio Project milestone grading rubric below for more information on assignment expectations and grading.
Reference
Project Management, I. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.). Newtown Square, PA, USA: Project Management Institute.
Option #2: Outline of Risk Management Planning Process
The Project Management Institute (Project Management Institute, 2017)defines the Risk Management Plan as containing some or all of thefollowing elements:
- Risk strategy
- Methodology
- Roles and responsibilities
- Funding
- Timing
- Risk categories
For your final Portfolio Project, you will write a paper detailingthe entire Risk Management Planning process. You will include discussionand analysis of terms learned throughout this course. Your paper shoulddescribe each phase of the process; how it is planned; and any inputs,tools and techniques, and outputs that can be applied. Your PortfolioProject should demonstrate your critical thinking abilities, yourknowledge of risk management systems, and your ability to apply riskmanagement practices and tools. This will be submitted in Module 8.
This week, you will submit your paper outline for a grade.
Your outline should meet the following requirements:
- Be 1-2 pages in length, not including the cover and references pages.
- Be formatted according to the CSU-Global Guide to Writing & APA (Links to an external site.).
Refer to the Portfolio Project milestone grading rubric below for more information on assignment expectations and grading.
Reference
Project Management, I. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.). Newtown Square, PA, USA: Project Management Institute.
Rubric
PJM410 Mod 3 PM
PJM410 Mod 3 PM
Criteria
Ratings
Pts
This criterion is linked to a Learning OutcomeContent
25.0 ptsMeets Expectation Demonstratesstrong or adequate knowledge of developing a risk management plan orprocess, and correctly represents knowledge from the readings andsources. |
20.0 ptsApproaches Expectation Some significant, but not major, errors or omissions in demonstration of knowledge. |
15.0 ptsBelow Expectation Major errors or omissions in demonstration of knowledge. |
10.0 ptsLimited Evidence Fails to demonstrate knowledge of the materials. |
25.0 pts
This criterion is linked to a Learning OutcomeRequirements
10.0 ptsMeets Expectation The Portfolio Project includes all of the required components, as specified in the assignment. |
8.0 ptsApproaches Expectation The Portfolio Project includes most of the required components, as specified in the assignment. |
6.0 ptsBelow Expectation The Portfolio Project includes some of the required components, as specified in the assignment. |
4.0 ptsLimited Evidence The Portfolio Project includes few of the required components, as specified in the assignment. |
10.0 pts
This criterion is linked to a Learning OutcomeDecision Making
25.0 ptsMeets Expectation Demonstratesstrong or adequate decision making skills regarding the tools,techniques, roles and responsibilities, and strategies needed to create arisk management plan or detail the risk management process. |
20.0 ptsApproaches Expectation Somesignificant, but not major, errors or omissions in decision makingskills regarding the tools, techniques, roles and responsibilities, andstrategies needed to create a risk management plan or detail the riskmanagement process. |
15.0 ptsBelow Expectation Majorerrors or omissions in decision making skills regarding the tools,techniques, roles and responsibilities, and strategies needed to create arisk management plan or detail the risk management process. |
10.0 ptsLimited Evidence Failsto demonstrate decision making skills regarding the tools, techniques,roles and responsibilities, and strategies needed to create a riskmanagement plan or detail the risk management process. |
25.0 pts
This criterion is linked to a Learning OutcomeOrganization
5.0 ptsMeets Expectation Projectis clearly organized, well written, and in proper essay format,including an introduction, body, and conclusion. Conforms to projectrequirements. |
4.0 ptsApproaches Expectation Smallnumber of significant, but not major, flaws in organization andwriting; is in proper essay format. In a minor way, does not conform toproject requirements. |
3.0 ptsBelow Expectation Majorproblems in organization and writing; does not completely follow properessay format. In a significant way, does not conform to projectrequirements. |
2.0 ptsLimited Evidence Project is not well organized or written and is not in proper essay format. Does not conform to project requirements. |
5.0 pts
This criterion is linked to a Learning OutcomeGrammar and Style
5.0 ptsMeets Expectation Strongsentence and paragraph structure; few or no minor errors in grammar andspelling; appropriate writing style; clear and concise, with nounsupported comments. |
4.0 ptsApproaches Expectation Small number of significant, but not major, errors in grammar and spelling; generally appropriate writing style. |
3.0 ptsBelow Expectation Inconsistentto inadequate sentence and paragraph development; work needed ongrammar and spelling; does not meet program expectations. |
2.0 ptsLimited Evidence Poor quality; unacceptable in terms of grammar and/or spelling; inappropriate writing style that interferes with clarity. |
5.0 pts
This criterion is linked to a Learning OutcomeDemonstrates Proper Use of APA Style
5.0 ptsMeets Expectation Projectcontains proper APA formatting, according to the CSU-Global Guide toWriting & APA, with no more than one significant error. |
4.0 ptsApproaches Expectation Fewerrors in APA formatting, according to the CSU-Global Guide to Writing& APA, with no more than two to three significant errors. |
3.0 ptsBelow Expectation Significanterrors in APA formatting, according to the CSU-Global Guide to Writing& APA, with four to five significant errors. |
2.0 ptsLimited Evidence Numerouserrors in APA formatting, according to the CSU-Global Guide to Writing& APA, with more than five significant errors. |
5.0 pts
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