• Identify and discuss what significant organizational culture issues can create obstacles to assessing risks.

    First of all is the management judgement about the project outcome. The stakeholders will frequently make a judgement early on and when they presume that the project will fail, they spent time planning for the failure of the project instead.

    Another vital factor is the lack of clear vision and management support which comes down to poor work ethics. The management does not take active participation in the monitoring of the project progress. Thus no important decisions are made at critical junctures where proper leadership is needed. There is usually a lack of clear vision of how the success of the project will look like at the end of it.

    Lack of line support is an equally serious problem as far as risk management is concerned as well as poor communication and insufficient user involvement and commitment. Most employees don't take responsibility on the project as such and look into the managers as sole leaders.

  • What approach would you take to persuade stakeholders that the time and effort involved in properly assessing risk are worthwhile? How would you communicate this need?

    The first imminent need is to show them the risk assessment benefits for example it's a way to reassure stakeholders, and the objectives of the organization will be more likely to be achieved. The communication with them will involve setting clear objectives of the risk assessment plan and ensuring hat the stakeholders buy the idea through holding necessary informative meetings.

    Consider the project management to implement new payroll procedures in a small company. Evaluate the risk culture associated with this project.

  1. The risks involved include hiring of unqualified personnel to run the project, violation of employment law and inappropriate incentive compensation. Other risks that are addressable include, unauthorized changes to payroll master file, inaccurate time data inaccurate payroll processing, fraudulent distribution of checks and loss and unauthorized disclosure of data. These risks occur at different times during the progress of the project. A well organized management plan will be required.
  2. Then as the decision maker for the project plan to implement new payroll procedures, evaluate its scalability and make a decision to implement the procedures or not.

The project will be quite involving as such. First is to establish a clear project objective followed by developing a clear project plan. I will then shore up internal resources and then I will communicate the initiative internally. Securing executive sponsorship will also be key and also revising payroll business rules. Finally I will need to provide its governance and service management framework. All these can be done and so I give a go ahead. (Barkley, B. 2004).

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