Group Discussion Board must be between 500–750-word thread in response to the prompt provided. For each individual thread, you will support your assertions with at least 3 peer-reviewed sources that have been published in the last 3 years in addition to the course text. You must also incorporate 1 biblical integration source into the post.
Read the Alaska Fly-Fishing Expedition Case. Construct a list at least 5 different potential risks associated with this project. Use a risk assessment form to analyze identified risks and then make a matrix to outline how you would deal with each of the risks.
Alaska Fly-Fishing Expedition*
You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your colleagues at Great Alaska Adventures (GAA). Earlier in the day you received a fax from the president of BlueNote, Inc. The president wants to reward her top management team by taking them on an all-expense-paid fly-fishing adventure in Alaska. She would like GAA to organize and lead the expedition. You have just finished a preliminary scope statement for the project (see below). You are now brainstorming potential risks associated with the project.
1. Brainstorm potential risks associated with this project. Try to come up with at least five different risks.
2. Use a risk assessment form similar to Figure 7.6 to analyze identified risks.
|Defined Conditions for Impact Scales of a Risk on Major Project Objectives Examples for Negative Impacts Only|
|Very Low||Less than $100,000||$100,000 – $250.000||$250,000 – $500,000||$500,000 – $1,000,000||Greater than $1,000,000|
|Low||Insignificant Time increase||Less than 1 month||1 – 2 months||2 – 4 months||Greater than 4 months|
|Moderate||Scope Decreases are barely Noticeable||Minor Areas of Scope Affected||Major Areas of Scope Affected||Scope Reduction Unacceptable to Customer||Project End Item is Effectively Useless|
|High||Quality Degradation Barely Noticeable||Only Very Demanding Applications are Affected||Quality Reduction Requires Customer Approval||Quality Reduction Unacceptable to Customer||Project End Item is Effectively Useless|
3. Develop a risk response matrix similar to Figure 7.8 to outline how you would deal with each of the risks.
|Probability and Impact Matrix for an Objective (e.g., Time, Cost, Scope, Quality)|
|Probability (%)||Prob. Score||Impact|
|Very High (81 – 100)||5||5||10||15||20||25|
|High (61 – 80)||4||4||8||12||16||20|
|Mod (41 – 60)||3||3||6||9||12||15|
|Low (21 – 40)||2||2||4||6||8||10|
|Very Low (1 – 20)||1||1||2||3||4||5|
|Very Low||Low||Moderate||High||Very High|
|Very High (81 – 100)||5|
|High (61 – 80)||4|
|Mod (41 – 60)||3|
|Low (21 – 40)||2|
|Very Low (1 – 20)||1|
PROJECT SCOPE STATEMENT
To organize and lead a five-day fly-fishing expedition down the Tikchik River system in Alaska from June 21 to 25 at a cost not to exceed $27,000.
• Provide air transportation from Dillingham, Alaska, to Camp I and from Camp II back to Dillingham.
• Provide river transportation consisting of two eight-man drift boats with outboard motors.
• Provide three meals a day for the five days spent on the river.
• Provide four hours fly-fishing instruction.
• Provide overnight accommodations at the Dillingham lodge plus three four man tents with cots, bedding, and lanterns.
• Provide four experienced river guides who are also fly fishermen. • Provide fishing licenses for all guests.
1. Contract signed January 22.
2. Guests arrive in Dillingham June 20.
3. Depart by plane to Base Camp I June 21.
4. Depart by plane from Base Camp II to Dillingham June 25.
1. Fly in air transportation to and from base camps.
2. Boat transportation within the Tikchik River system.
3. Digital cellular communication devices.
4. Camps and fishing conform to state of Alaska requirements.
Case * This case was prepared with the assistance of Stuart Morigeau. LIMITS AND EXCLUSIONS
1. Guests are responsible for travel arrangements to and from Dillingham, Alaska.
2. Guests are responsible for their own fly-fishing equipment and clothing.
3. Local air transportation to and from base camps will be outsourced.
4. Tour guides are not responsible for the number of King Salmon caught by guests.
CUSTOMER REVIEW The president of BlueNote, Inc.