From the table, the project meeting was estimated to cost $250 but what was utilized was $400 and the meeting was fully undertaken. The risk associated with the project meeting would be meeting the goals of the project since it is a success will fully depend on how the coordinate the undertakings and the sponsors who will come in. In contacting the suppliers, the team selected to undertake the same will be required to get the approved contacts from the procurement team and make calls to them with follow up emails asking for quotes for the equipment required and site survey. The activity will have a low-risk score since there are only a few vendors who would not respond and the team managed to call most of the vendors and got replies as well.
In ordering the software, the equipment will be selected by the IT experts under review with the requirement which has been shared by the team members. The risk will be higher since the software or equipment would be matched with the required ones. The ordered items were not all delivered some are pending. Project delegation to the team would be undertaken fully but also attract a low risk since some of the delegated tasks are prone to subordination due to the interns who join the company periodically. The employment process of experts would require a budget for the new employees and the procedure would be undertaken by the HR panel and some team members for the temporary position and the score of risk would be fair since they might not get the personnel with the required skills and competence.
Training would be undertaken in coordination with HR and the risk department to ensure that the team members gained the required skills which would assist them in undertaking the check and use of the software in inputting data for the items as well as tags checking. The process will have a risk assertion which would be tied in not understanding the training well or rather when checking the items filling to tag all items. Also using the software is normally hard at first before someone gets the idea and acquaintance. Not all members attended the training. Once this is done the summary of the project progress will be shared with the required employees and stakeholders.Order Now