Identify potential risk in a project and create a risk management plan
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you were told the CEO of Kibby and Strand was considering an expansion of production capacity by leasing a building next door. Well, a lot has changed since then. Kibby and Strand recently signed a contract with Amazon to market and distribute some of its products. As a result, the CEO decided to build a new addition to the current building to accommodate the need for more shipping dock space. Shipping will move to the new addition and Production will expand into the space Shipping currently uses.
You are the Operations Manager and the CEO has tasked you to come up with a project plan for moving the Shipping Department to the new addition and expanding the Production Department into Shipping’s old space. Your guidance is, “come up with a plan to shift move Shipping to the new addition and expand production capacity using Shipping’s current space with minimal impact to operations. We need to meet our contractual deadlines.” You are told that you will be able to buy new machines for production’s increasing capacity, but the current machines in the production department will still be used. In other words, you can’t throw away the existing machines in production.
Develop a project plan that will allow production to continue while the movement of machines and staff into their new locations is taking place. The plan needs to list assumptions, constraints, and a network diagram for the move. Also, identify the critical path in your plan and its length in days.
-Demonstrate an understanding of project management techniques to include: work breakdown structure, Gantt Charts, PERT charts, and Critical Path Method (CPM).
-Determine the project life cycle for a project an organization is considering.
-Construct network diagrams and identify the critical path for a project.
-Identify potential risk in a project and create a risk management plan.
-Calculate waiting line metrics such as average wait time and average queue length.
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