BUS 361 Study Guide - Brainstorming, Swot Analysis, Audit Risk

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beigetiger41

18 Jul 2011

School

Simon Fraser University

Department

Business Administration

Course

BUS 361

Professor

Sussman

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Document Summary

What is risk: project risk: an uncertain event of condition that, if it occurs, has a positive or negative effect on a project objective. Technology, teams and managing project risk: volatile nature of technology creates special pressures in info system projects, pm may need to discuss w client the possibility of changing the project scope to include new capabilities. Managing risk and the project life cycle: risk occurs in initiation (project selection), planning (project selection decision), execution (not meeting scheduled delivery), closing (acceptance) and control. Includes r isks associated with: ongoing changes in tech, finding and assigning skilled personnel, gaining user acceptance, and choosing the correct development methodology www. notesolution. com. Technique for managing project risk: risk is natural during is development projects and magnified by new tech and methodologies. Risk management plan, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, and risk monitoring and control.

Related Questions

What is the socio-cultural dimension of project management?

An example of an individual financial CoI is:

(i) a researcher is considering buying stock in a publicly-traded company that specializes in making and delivering hand-tossed pizza.

(ii) a researcher's wife works at the same university as the researcher.

(iii) a researcher's wife holds equity in a publicly-traded pharmaceutical company that is also the sponsor of the researcher's study.

(iv) a researcher's 10-year-old son wins a local science competition, the prize for which is a $5,000 scholarship to a workshop sponsored by a local company that sponsors one of the researcher's ongoing projects.

lavenderchinchilla487

Case Study - 5

Breaking The Bargaining Pattern

Gilson steel is a local fabricating and supply firm. Situated in open country, far from the large steel making centers. The firm has been in business many years. About the third of employees have worked in the organization for more than ten years. Top management would like to get away from the current practice in which negotiations on wage matters and fringes follow the pattern. The firm’s president feels that industry – wide bargaining tends to divorce employees from the firm. He thinks they feel that their employer is a combination of U.S steel and bethlem steel instead of Gilson. He argues that the local firm which has prospered can do better by employees than is possible in national pattern. He says that the local conditions should be considered. His basic objection to current practice, however, is his conviction that it tends to divorce its employees from local employer. The labor relations manager has been urged to try negotiating terms at variance with the national pattern.

Answer the following questions: ·

What theory and policy do you read into the president’s suggestion? ·
How will his ideas fit into the existing pattern of public union policy? ·
Can you suggest a promising innovative approach?

snehashisbera2020

BUS 361 Study Guide - Brainstorming, Swot Analysis, Audit Risk

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