Identify and examine two challenges that the (whittakers.co.nz)
Identify and examine two challenges that the (whittakers.co.nz) might face in implementing their developed functional strategies in the first five or more years, and how they could be dealt with.
Identify and examine two challenges that the (whittakers.co.nz)
Examine two challenges that the (whittakers.co.nz) might face in implementing their developed functional strategies in the first five or more years, and how they could be dealt with.
Marking Rubric
The identification of likely challenges is rational and appropriately based on clearly researched facts about the organisation. Two challenges are identified and possible solutions discussed.
More details;
Risk Management Planning
Even the most carefully planned project can run into trouble. No matter how well you plan, your project can always encounter unexpected problems. Team members get sick or quit, resources that you were depending on turn out to be unavailable, even the weather can throw you for a loop (e.g., a snowstorm). So does that mean that you’re helpless against unknown problems? No! You can use risk planning to identify potential problems that could cause trouble for your project. Analyze how likely they are to occur, take action to prevent the risks you can avoid, and minimize the ones that you can’t.
A risk is any uncertain event or condition that might affect your project. Not all risks are negative. Some events (like finding an easier way to do an activity) or conditions (like lower prices for certain materials) can help your project. When this happens, we call it an opportunity; but it’s still handled just like a risk.
There are no guarantees on any project. Even the simplest activity can turn into unexpected problems. Anything that might occur to change the outcome of a project activity, we call that a risk. A risk can be an event (like a snowstorm) or it can be a condition (like an important part being unavailable). Either way, it’s something that may or may not happen …but if it does, then it will force you to change the way you and your team work on the project.
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