How will I manage a Risk Assessment Program? Essay

The People Who I will involve in the Risk Assessment Program including the Number of People, Roles, and Project Responsibilities

The project team who will be responsible for the planning and executing the project include the following. The project manager, who is responsible for ensuring that the project is completed, and objectives are met, manages the performance of the team and creates the project plan. The project will also involve two team leads who will be providing technical ad task leadership to the team members and ensure that the project is done according to the plan. Ten team members will also form important players of the project. They are responsible for performing tasks and meeting goals as defined in the plan and communicated by the manager.

The executive sponsor will also be a player in the project management with interest specifically to the outcome of the project and responsible for resource mobilization and utilization. He is the ultimate decision maker with the authority to legitimize project goals and objectives. The steering committee including management representatives and key stakeholders are also involved in the project control and oversight. The committee approves project deliverables and help in solving issues.

How I will manage the Group

Delegation

Delegation proves to be one of the most effective ways of managing project team members to ensure desirable results at the end of the project. Each team member on the project is assigned their functional responsibility to which they are best suited according to their qualifications and abilities (Das, 2012).

Conflict Resolution

Conflicts arise in the project due to issues such as personal differences, lack of information from the initial stages of the project and limited resources among many others. The team leader, therefore, has the responsibility to reduce the occurrences of conflicts through proper planning, team leading and communication. However, when conflicts arise, the team manager will adopt a response to conflict model that represents the five essential responses to the conflict including avoiding, collaborating, forcing, compromising and accommodating (Berkun, 2014).

Negotiation

This technique will be applied especially where there is the occurrence of a difference in opinion. The project manager will always negotiate with team members, stakeholders, and clients to ensure that the project gets all the needed support and avoid frustration among the parties involved (Golub & Tilman, 2010).

My Process for Assessing the Risks and the Techniques that I will Use

First, one of my processes of assessing the risk is the use of Risk Analysis. The risk analysis involves the determination of consequences of the identified risks, and the likelihood of occurrence. Secondly, risk evaluation which entails the identification and classification of the risk level. Lastly, the other process for assessing risks is the identification and evaluation of the risk controls. This involves assessment of the controls put in place to mitigate the risks and their effect on the level of risk. This gives an opportunity to come up with better risk management strategies to reduce risks to acceptable levels