Remember, risk is an uncertain event or condition that can have a positive or negative impact on the project.

/in /by

Remember, risk is an uncertain event or condition that can have a positive or negative impact on the project.

This week, you will be identifying and analyzing your project risks and developing a risk management plan to monitor and track your project. You will evaluate each task in your project schedule to identify any risk factors associated with the execution of the deliverable. You will then add your list of risk to the risk register template in Doc Sharing. The number of risks will depend on the project deliverables in your schedule; however, 20–25 positive and 20–25 negative risks would be considered the minimum. Review the instructions on the first sheet of the template and complete your risk register in its entirety.

C.Adams_Week 1_MGMT404 Proposal.docx

C.Adams_Week 1_MGMT404 Proposal.docx

Candice Adams
MGMT404
Professor Earnshaw
Software Update Proposal
I have been made aware that the accounting software used by our company is extremely
outdated. After reviewing the budget for this fiscal year, we have determined that the
accounting department has the necessary funds to upgrade the current software. Soon,
we need to begin looking for accounting software that meets the needs of the company
and employees.
A small committee was used in this research that was made up of a diverse group of
accountants and managers from different departments. This was believed to maximize
the likelihood that the research will consider the broad spectrum of company needs.
The committee has reviewed several software packages for compatibility. There are four
that were chosen to be a good fit for this company. QuickBooks, NetSuite, Xero and
Microsoft Dynamics GP were the preferred software. They were researched further to
determine which would be a better fit.
My research along with the committee has come up with the following findings
regarding updating accounting software. Easily track expenses, prepare and send
invoices, prepare financial statements. Upgraded software will provide better storage
and backup ability that contributes to the improved security of the data. Even
individuals with little to no experience in accounting can feel assured that information is
entered correctly.
When a software package is accepted by upper management, Louanne Diano will lead
the Technology Advisory Committee (TAC) that will oversee the entire software upgrade
operation. She will decide which personnel will be appropriate to take place in the
upgrade process.
As you know choosing the best accounting software for our company’s needs is very
important. Once the new software is fully installed the company will have a lot of time
and money invested between the cost of the software and the time it takes to install, set
up and train employees on the new software. So, it is imperative that we choose the
best software option the first time. References
“Why you should make the move to cloud accounting.” Daily Herald [Arlington Heights,
IL] 22 Aug. 2016: 31. Business Insights: Essentials. Web. 25 Sept. 2016.
A Firm Finds Success in the Cloud. (2016). CPA Practice Advisor, 26(5), 21.
NEW PRODUCTS. (2015). Accounting Today, 29(5), 49.

 
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Discuss the importance of communication and information exchange to project success

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Discuss the importance of communication and information exchange to project

success. What are the crucial features and elements of effective communication and information exchange in successful projects? How are key stakeholders involved in this process? Are communication requirements different on an Agile project versus a traditional project?

 
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What are some drawbacks to getting involved with intra or inter-office politics as Project Manager?

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What are some drawbacks to getting involved with intra or inter-office politics as Project Manager?

 
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A project plan cannot be considered complete until the resources have been assigned (including budget and cost estimate).

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A project plan cannot be considered complete until the resources have been assigned (including budget and cost

estimate). This week, you will assign the resources required to work on your project to your scheduled tasks. In addition, you will add the cost of the resources per hour and any direct or indirect cost required for project contracts, materials, or supplies.

You will submit a two-part summary report (business professional format) of your project budget and resources, which includes the following:

Part 1: Project Budget (Cost Management)

  1. Explain your approach to estimating the project cost (e.g., top down, bottom up, etc.) and why that method was chosen.
  2. Create a table that shows the original budgeted cost (from the charter) and the actual budgeted cost (side by side). Include line items for labor, materials, contract, equipment, travel cost, and so on.
  3. Compare the budget from the charter to the final budget and explain any variances that occurred from your original budgeted cost in the project charter and the current project cost (include your original estimated cost for the project).
  4. Explain your budget contingency plan and how much is budgeted for contingency.

Part 2: Resource Management

  1. Explain the results of your resource assignments. Did you assign enough people to the project? Were there any resources over-allocated? What approach will you take to fix any allocation problems?
  2. Develop a plan to manage your project team and define how you will motivate your team and how you will handle team conflicts.
  3. What structure would you select for your project: functional, weak matrix, balanced matrix, strong matrix, or pure project? Why?

Deliverables for Week 6:

MS project file (.mpp) updated with resource assignments and cost

MS Word file with report of project budget and resource management

C.Adams_Week 1_MGMT404 Proposal.docx

C.Adams_Week 1_MGMT404 Proposal.docx

Candice Adams
MGMT404
Professor Earnshaw
Software Update Proposal
I have been made aware that the accounting software used by our company is extremely
outdated. After reviewing the budget for this fiscal year, we have determined that the
accounting department has the necessary funds to upgrade the current software. Soon,
we need to begin looking for accounting software that meets the needs of the company
and employees.
A small committee was used in this research that was made up of a diverse group of
accountants and managers from different departments. This was believed to maximize
the likelihood that the research will consider the broad spectrum of company needs.
The committee has reviewed several software packages for compatibility. There are four
that were chosen to be a good fit for this company. QuickBooks, NetSuite, Xero and
Microsoft Dynamics GP were the preferred software. They were researched further to
determine which would be a better fit.
My research along with the committee has come up with the following findings
regarding updating accounting software. Easily track expenses, prepare and send
invoices, prepare financial statements. Upgraded software will provide better storage
and backup ability that contributes to the improved security of the data. Even
individuals with little to no experience in accounting can feel assured that information is
entered correctly.
When a software package is accepted by upper management, Louanne Diano will lead
the Technology Advisory Committee (TAC) that will oversee the entire software upgrade
operation. She will decide which personnel will be appropriate to take place in the
upgrade process.
As you know choosing the best accounting software for our company’s needs is very
important. Once the new software is fully installed the company will have a lot of time
and money invested between the cost of the software and the time it takes to install, set
up and train employees on the new software. So, it is imperative that we choose the
best software option the first time. References
“Why you should make the move to cloud accounting.” Daily Herald [Arlington Heights,
IL] 22 Aug. 2016: 31. Business Insights: Essentials. Web. 25 Sept. 2016.
A Firm Finds Success in the Cloud. (2016). CPA Practice Advisor, 26(5), 21.
NEW PRODUCTS. (2015). Accounting Today, 29(5), 49

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"