Risk Response Matrix Response Contingency Plan Trigger Responsible Time Mitigate: Review Constraints Schedule daily with 3 Months before Project (Schedule) those involved Hire more resources deadline Manager Book keeper, Project Exceed Mitigate: Ensure labor Set aside emergency fund Budget exceeds Manager and Budget does not work overtime for project $300,000 President Outside Mitigate: Before contractors starting the Have back up contractors not working construction project, to do the same tasks as the on assigned ensure to contact the original contractors to Before ground tasks right appropriate contractors ensure that the house will breaking to start Project away for each job be completed on time. construction Manager Mitigate: Test the Technical wiring for the unit by Just installing the Risks with the using a sample unit to Increase team size to wiring for the Project wiring for the ensure that an AC unit resolve any issues found potential unit for manager and future AC unit will work with product during testing an AC Unit contractor President, Mitigate: Customer If customer is unhappy, Project Service follow up find out why and see how Manager and Customer construction is the company can help Complaints from Construction Satisfaction complete correct the issue Customer Team Customer Evaluation The Czopeks are the customers and they will evaluate the project (their dream home) once it is complete. The couple had already established that in order to reduce costs, they would be willing to have the project delayed a bit. However, a good project manager would want to be able to provide great service to the customer, and be able to still save them money without having to delay the project for them. Also, a customer would be able to notice if the company would try to cut corners, so to speak with the project. Therefore, it is important that SFC adheres
Risk Response Matrix Response Contingency Plan Trigger Responsible Time Constraints (Schedule) Mitigate: Review Schedule daily with those involved Hire more resources 3 Months before deadline Project Manager Exceed Budget Mitigate: Ensure labor does not work overtime Set aside emergency fund for project Budget exceeds $300,000 Book keeper, Project Manager and President Outside contractors not working on assigned tasks right away Mitigate: Before starting the construction project, ensure to contact the appropriate contractors for each job Have back up contractors to do the same tasks as the original contractors to ensure that the house will be completed on time. Before ground breaking to start construction Project Manager Technical Risks with the wiring for the future AC unit Mitigate: Test the wiring for the unit by using a sample unit to ensure that an AC unit will work Increase team size to resolve any issues found with product during testing Just installing the wiring for the potential unit for an AC Unit Project manager and contractor Customer Satisfaction Mitigate: Customer Service follow up construction is complete If customer is unhappy, find out why and see how the company can help correct the issue Complaints from Customer President, Project Manager and Construction Team Customer Evaluation The Czopeks are the customers and they will evaluate the project (their dream home) once it is complete. The couple had already established that in order to reduce costs, they would be willing to have the project delayed a bit. However, a good project manager would want to be able to provide great service to the customer, and be able to still save them money without having to delay the project for them. Also, a customer would be able to notice if the company would try to cut corners, so to speak with the project. Therefore, it is important that SFC adheres
cook__stacey_final_project_mgmt505_project_management_25_mar_2013.docx