IT project management (master’s level) TASK 3 MONITORING AND CONTROLLING
You are a project manager who is taking over a struggling project. Two projects are at risk of being cancelled by their clients due to a variety of issues. Read the attached “Case Study 5” and “Case Study 6,” and use one of the two case studies when monitoring and controlling a project.
Complete the attached “Monitoring and Controlling Template” by doing the following:
A. Document five new risks for the chosen case study is currently facing by completing the table in the “Risk Assessment” section of the attached “Monitoring and Controlling Template.” The risk assessment needs to include a risk description, the likelihood of the risk occurring, the impact of the risk, the person responsible for mitigating the risk, and a prevention and mitigation strategy for the risk.
B. Create a Gantt chart showing the projected timeline and critical path for the chosen case study in the “Gantt Chart” section of the attached “Monitoring and Controlling Template.”
C. Provide a completed “Earned Value Analysis” section and a completed “Earned Value Projections” section for the chosen case study in the attached “Monitoring and Controlling Template” by completing the tables in those sections and doing the following:
1. Analyze the current schedule and budget performance of each project workgroup.
2. Estimate the expected completion date and total cost of the project workgroups.
3. Interpret the workgroup analysis and project schedule and cost estimates.
D. Provide a completed “Burndown Chart” section for the chosen case study in the attached “Monitoring and Controlling Template” by doing the following:
1. Create a burndown chart.
2. Analyze the team’s overall progress in the “Discussion of Burndown Chart” section of the attached “Monitoring and Controlling Template,” using the burndown chart from part D1.
E. Explain how three mitigation strategies could have a positive impact on the schedule and budget performance of the project team for the chosen case study in the “Mitigation Plan” section of the attached “Monitoring and Controlling Template.”
F. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.
G. Demonstrate professional communication in the content and presentation of your submission.
