This involves collecting storing and managing access to project data and

This involves collecting storing and managing access

This preview shows page 27 - 29 out of 29 pages.

This involves collecting, storing and managing access to project data and documents …all in accordance with organisational policies/procedures, contracts and regulatory constraints as defined in the Communication Management Plan Using document storage systems such as TRIM, share drives, cloud storage systems, Project Information Management Systems (PIMS) Backing up, ensuring data security & integrity Ensuring version control protocols are used Managing data access (clearance and security protocols) – i.e. ensuring private, confidential and classified data is not distributed to or accessible by unauthorised people Ensuring Intellectual Property (IP) rights are observed © Elemental Projects 2016 Risk Management in the Implementation Phase © Elemental Projects 2016
Image of page 27

Subscribe to view the full document.

PMGT5871 Project Process Planning & Control Topic 10 Topic 10 28 The University of Sydney Page 55 Monitoring and controlling risk Monitor the environment for emerging and cascading risks Emerging risk = risks that become present as the project progresses Cascading risk = risks resulting from treatment strategies or issues Discuss risks at every team meeting: Identify emerging/cascading risks, analyse and develop treatment strategies Close risks that are no longer present (e.g. associated with completed work) Review open risk evaluations and revise probability/impact ratings where appropriate Update the Risk Register © Elemental Projects 2016 The University of Sydney Page 56 Managing issues Discuss issues at team meetings and discuss management strategies Examine the issue from different angles to develop a rich picture of the situation – make sure you consider the client and key stakeholders’ perspectives Identify options for dealing with the issue and discuss the merits and disadvantages of each as well as costs, timeframes, required resources Select the best option and allocate responsibility for implementing it to a team member with a timeframe and budget (funded by contingency) Review past issues to confirm that they are being/have been resolved © Elemental Projects 2016
Image of page 28
PMGT5871 Project Process Planning & Control Topic 10 Topic 10 29 The University of Sydney Page 57 Questions
Image of page 29
  • One '14

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes