Analyze approaches to project risk management techniques used to assess and control project risk.

Scenario Information

AYou are assuming the role of the project manager for a company called SuperPacks to provide a new backpack product with a built-in refrigeration pouch and radio module. Your customer for this project is the U.S. Army, Ground Forces and Special Operations. As the project manager for your team, you will be submitting to your manager a project management report.

Instructions

Risk Matrix

As a project manager for this company, you are to analyze the risks associated with the project. Risks should be identified and defined as cost, probability, impact, and mitigation plans for each risk. Below, you are to provide a risk assessment for the project based on the criteria and template provided.

• Identify and name at least three risks and name them (risk name).
• Determine the expected costs for each named risk.
• Determine the risk probability for each named risk.
• Include factored risk value (should automatically calculate using the Risk Assessment Matrix template).
• Determine the risk impact to project (using the drop-down menu in the Risk Assessment Matrix template).
• Provide the Risk Mitigation Plan.
• Provide the expected risk retire date (when the risk is no longer a risk).

TESLA CASE ANALYSIS:

1.   Title of Case : Complete individual assignments of case analysis for the case of Tesla.

2.     Executive Summary (5-6 sentences summary of your report)

3.     Introduction  (Describe the company)

4.     Background (Give the historical event review.  Only use relevant events. Explain why these are relevant to the case analysis.)

5.     Problem Definition

As you will see in the case, Tesla faces many external issues across all factors covered in a PESTEL analysis.  In addition, Tesla is attempting to vertically integrate along the Industry Value Chain. Please address each of the following in your case analysis in detail:

1. Please describe in detail how Tesla is attempting to vertically integrate along the Industry Value Chain.  (Chapter 8 in text)

2. Does Tesla have the financial position to support such an investment?  Please support your answer with financial data (cite sources).

3. What alternative strategies could be deployed?  (i.e. partnerships, alliances, carving niche in Value Chain, etc.)   (Chapter 9 in text)

4. What would you recommend?  Please support your answers in detail.

Be precise; support your reasoning for each question.

6. External Analysis

Cover the following in detail:

1. 1. 1. PESTEL (cover all 6 factors)

      2. VRIO Framework (Detailed)

7.     Action Taken by Firm

8.     Results of Overall Analysis and Interpretation of Results

9.     Your Recommendations     (Justify your reasoning.)

1. 1. How much will your recommendations impact the firm?

   2. Are they feasible?

   3. Which recommendations did firm follow?

10.  Conclusion