Proj586

In: Business and Management

Submitted By BKtoThefullest
Words 415
Pages 2
Huntsville Plant Project
Risk Matrix Assessment Vilma Belliard
Devry University, Keller Graduate School of Management
Professor Susan Orr
2/08/13

A risk is an uncertain event that, if occurs, can jeopardize accomplishing the project objective. Risk identification includes determining which may adversely affect the project objective and what the impact of each risk might be if it occurs. (Gido/Clements, Pg. 285) I have created a risk matrix that identifies the potential risk that can place a burden on the project scope, schedule and budget.
My main concern and identification is the recruitment and training of new employees. We have been provided with 6 weeks to train new employees, some individuals come with experience and several will be new to the plastic container industry. New recruits will require additional time to learn all of the functions of daily operations. If they are not trained in time, this will put a burden on the creation of the production plan. The pre-production plan can be used as a training activity to ensure that they will be able to assist in the production plan.
Solution: Apply a headhunter to scan resumes for candidates with required experience and qualifications. Request additional training time for new employees; propose 9 weeks for individuals with no industry experience. If the board and budget allows, provide paid training to those individuals who are willing and able to start early.
The second identification that is of major concern is the procurement of building site, acquiring permits and approvals on time. The fact that all approvals must come from outside agencies, all documents should be submitted early.
Solution: I would suggest sending documentation 4 weeks prior to the proposed construction scheduled date. During the planning phase, paperwork should be completed and send while site build out is still…...

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