You have finished the risk management plan and are preparing to present it to your manager and the project sponsor. Once they review and approve it, you will then present it to the stakeholders and the team. Although the project has not officially started, some upfront design work is being done by the vendor and three of the engineers. In the course of this work, you sat in on a design meeting and discovered that the vendor does not follow the documentation processes you had clearly defined as critical, because of the regulated nature of the product. Your engineers, who are not comfortable with the formal process approach the new CEO is taking, have told the vendor not to worry about the documents because they will do them at the end after they get the real work done.

You spoke with the quality manager who was hired just a couple of weeks ago. He (understandably) feels that this is the occurrence of a major risk, with project-stopping ramifications. The quality manager agreed not to immediately go to the CEO, giving you the opportunity to present the risk event to the sponsor and implement your action plan.

During the course of the design meeting, you also determined that your risk of the key engineer not being available to the project is actually occurring. Some junior engineers are doing most of the design work and are clearly struggling. Your engineers left the meeting frustrated, grumbling, and nervous about the project.

Assignment Guidelines:

Using the risk management plan you created during the group project, along with the library links, prepare an effective professional presentation of 8–12 slides with notes covering the following:

Briefly describe the approach that was taken to identify and assess the risks. Define in detail the communication approach (audiences, frequencies, mechanisms, and exceptions) you will take to share risk updates. Discuss the risks with the vendor that you see happening and describe your action plans. Gain buy-in on the actions you will take with the vendors and your team. Establish the escalation path you will take when you have concerns about project risks.

Week 6 Individual Project
This week you will continue to work on your Final Project for this module. The purpose of the Final Project is to apply the concepts and techniques of the module to the analysis of real-world situations or problems. You will be expected to use diverse sources of information and to carry out an original analysis rather than summarise or rehash existing work. You are encouraged to use situations and data from their own experience where possible.

Prepare an Annotated Outline of your Final Project, briefly indicating the content you plan to include in each section of the report and the concepts and techniques you plan to apply for analysing any data and developing your argument. This is due to be handed in next week. The outline should not include detailed sections of the Final Project. Instead, it should be a specific and crisp overview of the contents that will comprise the final report. As a reminder, the details of the project are included below:

During Week 5 you were introduced to a non-Western perspective on organisational learning and how differences that are present lead to different considerations for the creation of knowledge. Make a careful study of the sections in Chapter 32 that discuss the conventional model of organisational learning, the characteristics of Chinese firms, and the learning strategies and processes of Chinese firms. For your Final Project, you will write a detailed report that critically analyses the differences from the conventional model of organisational learning presented in this module and the learning strategies and processes that are prevalent in your region of the world and your own country. The purpose of the report is to provide information to foreign companies that intend to establish operations in your region and your country. You should devote a significant part of your project to providing as much information as possible based on your knowledge and experiences of local business practices, customs, and traditions in order to correct and/or enhance what is offered in the textbook. The aim is to create a formal business report that would help managers in very practical ways develop an organisational learning strategy for operating effectively with local staff to set up a viable operation in your country. You should consider the areas and organisational learning concepts you have covered throughout the module, for example, the creation of organisational knowledge, the social context and processes, learning in networks, multinational networks, learning through strategic alliances, and barriers to organisational learning.

The Annotated Outline should address the details listed above. You need to briefly describe what information you will include in each section of the report that will satisfy these requirements. Be sure to adhere to the Harvard Referencing System. The work that will be carried out in the outline should represent a higher-level view than the contents of the Final Project. As such, you must remain at this level to avoid reusing the same wording in the final document.