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QUESTION
DESCRIBE THE POSSIBLE CONSEQUENCES OF NOT MANAGING RISKS EFFECTIVELY WHEN IMPLEMENTING PROJECT MANAGEMENT PRACTISES IN AN ORGANIZATION NEW ADELAIDE OVAL
This organization New Adelaide Oval is just an organization I thought of, to complete this assignment create 500 words to describe the question using the below attributes
ORGANIZATION ATTRIBUTES
1. Type of Organization- Public sector (state government) New Adelaide Oval
2. Employees 1000 Employees
3. Sector Services
4. Age of Organization- 10 years
5. Organization process assets OPA (LOW)
6. Level Project Management Maturity PMM- 3
7. Appetite for Risk- Risk Appetite Low
8. Operational Budget $100Million
9. Capital Budget – $10 Million
10. Impact of Changes to Environmental factors IEF(HIGH)
11. Number of Locations Locations 3 this includes , (1 stadium and 2 Main offices in Melbourne and Sydney tickets sales)
Use PMBOK to understand the terms above too
LEARNING RESOURCES
Project Management Institute (n.d.). Real-world risk management. Retrieved from
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