Introduction Read the attached “Xemba Translations Case Study” before completing this task.
Scenario Xemba Translations has begun the process of trying to accommodate the increased number of telecommuters at the company. As the newly hired project manager, brought in to take over completion of the project, you have a milestone meeting scheduled with the project sponsor.
A portion of the meeting will be focused on the current risks of the project. There was a risk assessment study done early in the project, but as it has now been several weeks since the project began, you determine that a new risk assessment should be conducted. The updated risk assessment matrix will help the team be aware of the current risks and the specific strategies you expect to use to mitigate those risks. The project sponsor is interested in keeping up to date on how the project is progressing. The sponsor is expecting documentation, including metrics, that breaks down how the project teams have been performing and what current issues need to be addressed.
Requirements
Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. An originality report is provided when you submit your task that can be used as a guide. You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course. A. Create an addendum to the risk assessment matrix that documents five current risks to the project, addressing each of the following points for each risk: • Description of risk
• Impact • Likelihood of occurrence
• Degree of impact
• Initial action to take if event occurs
• Team member responsible
• Strategies for prevention and mitigation B. Describe each of the metrics you would use to measure the projects performance and how you would calculate each metric. 1. Justify why these metrics would be appropriate to use for this project, based on details from the case study. 2. Discuss your interpretation of the projects current performance based on your calculations, using the metrics described in part B.
3. Analyze three problems that currently exist based on your B2 calculations by doing the following:
a. Discuss how three distinct problems based on your B2 calculations could affect project execution and post-project success.
i. Discuss your mitigation and/or removal strategy for the root cause of each of the three problems identified in part B3a so the project completes successfully.
C. Prepare a formal executive summary (suggested length of 2 pages) for the project sponsor by communicating your recommendations as related to your risk assessment from part A and your recommendations from parts B3a-ai.
D. When you use sources, include all in-text citations and references in APA format
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