Course Project Part I
For this project, you may choose a project that is of interest to you, or you may choose to begin planning for your senior project. When selecting a project, avoid picking one that is either too big or too small. For example, do not decide to build a new stadium for your local sports team (too big) or to plant your summer garden (too small).
If you have any questions at all about the suitability of your project selection please follow-up with your professor for his or her guidance. If you are confident in your project selection and feel that you will not have any problems creating the deliverables mentioned below you are not required to submit your project idea to your professor or obtain approval to proceed.
Sample Outline of Typical Course Project Paper Part I
Course Project Part II
Create one decision tree and a fault or event tree that would support the exploration of risk for one of the above projects. The decision tree must be created to support a major risk-related decision likely to be faced by the project. The fault or event tree should offer at a minimum a listing of potential risks and impacts in the event of two smaller failures. For example, a smaller failure could be the loss of water pressure or a fire in a construction project rather than examining what risk was involved with the collapse of the construction project.
Write a discussion of the risks that supports the fault tree, event tree, or decision tree that has been created. Make a separate write up for each of these smaller risks associated with the fault tree or event tree. Your paper should have a general introduction that should introduce the decision tree and fault or event trees that will be discussed, and then the paper should have a discussion regarding each tree. The discussion write-up regarding the identified risks should be from three to five pages in length. Note that this page length is a guideline and if you find that your paper supporting the risk tree is longer, there will be no penalty, because the final assignment will need to be from 15–20 pages in length.
Sample Outline of Typical Course Project Paper Part II
The goal of the final project is to select a project and then to create and detail a risk management plan that would support that project. The final deliverable will consist of a fully formed risk management plan that would support such a project.
Week 1—Project selection
Week 2—Begin work on the Project Risk Management Plan Part I for the selected project.
Week 3—Continue work on the Project Risk Management Plan Part I for the selected project.
Week 4—Submit Course Project Part I
Week 5—Complete first draft of final paper (Course Project Part II)
Week 6—Submit Course Project Part II