Risk Breakdown Structure ID RBS Element Definition 1.0 1.1 1.1.1 1.1.2 Internal Business Partner Business Sponsorship Business Department Staffing Business Processes Corporate department with the business problem to be solved or business function to be supported. Business case‚ support from business department‚ executive involvement‚ degree of active involvement by business sponsor. Business analysts reporting within business department‚ how dedicated or fragmented business department reps
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Stakeholders: Identify all the major stakeholders in the DABHOL power project. What are the intended benefits and costs of this project for the stake holders? Analyze the roles‚ responsibilities and reward structure of the stake holders. Based on the case study do you foresee a need to change the reward structure? Enron‚ Bechtel Enterprises‚ and General Electric—through offshore subsidiaries—formed Dabhol Power Company to build the first phase of a major power plant in Maharastra state in India. Later‚ part
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contractual operational risk management/mitigation arrangements that underpinned the original Dabhol Power Project. Power Purchase Agreement is signed between the electricity generator and the utility company. Power purchase agreements cover the arrangements for making Power Available‖. PPAs details generation capacity‚ capacity payment‚ structures‚ tariffs‚ project duration etc. The clauses and terms of PPAs essentially prescribe how risks are spread between parties to the Project. RISK Analysis – MSEB
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Problem: What can Enron do to salvage the Dabhol project and its ties to India? After nine years of an obvious debacle‚ it seems that Enron and the Indian government have reached a state of impasse‚ where a sustainable long term relationship cannot be achieved. Enron has chosen to terminate the agreement by offering to the Indian Prime Minister Enron’s 65% equity in DPC for US$1.2 billion and offshore debt for US$1.1 billion. o Various political parties have consistently used Enron as an issue
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Product Breakdown Structure Toolkit 1. Overview If your are familiar with PRINCE2 pre-20091‚ you’ll know that it recommended the use of a number of techniques‚ one of which is Product Based Planning. A Product Breakdown Structure (PBS) is an essential part of this‚ its purpose being to define the products (deliverables) of a project and how they relate to each other. Product Based Planning has four components: • Product Description: a description of the overall project deliverables. In
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WORK BREAKDOWN STRUCTURE (WBS) The description of the WBS is as follows: 1. SIMS 1.1 Feasibility Study (Phase 1) Activities in this phase are carried out to understand the potential of the project taken. This phase uncovers the strengths and weaknesses of the project. 1.2.1 Monitor Progress (Task A) The information that we have at the start of the project is taken into account to evaluate and analyze the project. 1.2.2 Estimate Resources(Task B) Resources required
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A work breakdown structure is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project. Since many projects involve many people and many different deliverables‚ it is important to organize and divide the work into logical sections based on how the work will be performed. The work breakdown structure is a foundation document in software project development management because it provides the basis for planning and managing project schedules‚ costs
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Work Breakdown Structure In project management a hierarchical delivery oriented breakdown of project into individual components is called as work breakdown structure (WBS). WBS decomposes project into individual functions‚ deliverables and work packages that facilitates resource allocation‚ assignment of responsibilities‚ and measurement and control of the project. Block Diagram explains the Work Breakdown Structure: Design Principle for WBS: The design principles for WBS are as following:
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Week 3 Assignment Work Breakdown Structure BUS 611 Project Planning and Management August 13‚ 2012 Week 3 Assignment WBS Level 1 | Level 2 | Level 3 | Responsibility | CPN Electronic Medical Record Work Breakdown Structure | 1.1 Project Conception and Initiation | Task: 1.1.1 Evaluation and recommendations Task: 1.1.2 Review Scope and timeline Task: 1.1.3 Review resources‚ support and Technical Plans | Project Manager‚ Vendor Project Manager‚ CIO and Key Stakeholders
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WORK BREAKDOWN STRUCTURE Work breakdown structure is used to break the whole project into small work categories. It will help to well plan the project and complete the project easily and successfully. Therefore the work breakdown structure is very helpful to complete the proposed project successfully. And also this work breakdown structure helps to complete the project step by step. Work breakdown structure for this proposed business is as follow • Acquiring funds • Get the legal permission
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