Week 6- Assignment 2- Monitoring

Please check attachments.
Project Assignment 2

For this week you will return into the Planview Daptiv PPM tool and continue working on the project that you created
previously. Complete the below tasks as related to risks and expense management. As you learned from the readings, a
project manager is tasked with identifying risks along with determine mitigation strategies to reduce the likelihood of
the risk to occur (or if the risk is a positive one, increase the likelihood for it to occur).
1. Log back into Planview Daptiv PPM and click into your existing project.
2. Add in at least four (4) Project Risks and mitigation information.
a. Steps for adding a risk
a. Go to ‘Risk’ on the left menu
b. Click ‘Add’ on the top
c. Populate the following fields:
a. Risk Name – a brief name of the risk
b. Risk Description – a short description of the risk
c. Category – what type or risk is it
d. Status – just set to ‘Identified’
e. Likelihood – on a scale of 0-5 (reference the drop-down), what is the likelihood that this
risk will occur.
f. Consequence – on a scale of 0-5 (reference the drop-down), what is the overall
consequence to the project if this risk occurs
g. $ Impact if Risk Occurs – using a dollar value, what would be the financial impact if the
risk occurred
h. Trigger Event – what to watch for to know if this risk is starting to occur
i. Mitigation Plan – what are some steps you can do to help reduce the likelihood of the
risk from occurring
d. Click Save and add in an additional three risks (for a total of four)
b. Notice when looking at the data the system automatically populates a risk magnitude score (likelihood x
consequence) and an exposure score (likelihood x $ impact)
3. Go back to your tasks, add another deliverable to your project called “Risk Planning” and include two work
packages: “Schedule Risk Planning Session” (1 hr) and “Complete Risk Planning Session” (2 hrs)
a. Refer back to the video from the prior Weeks if needed.
b. This deliverable should be located toward the beginning of your project.
c. Remember you can move tasks around by dragging the number on the far left of the task. Use the
indent button to properly indent your work packages.
d. Be sure to add predecessors and an assignee to these.
4. Add in Budget and Expenses to your project.
a. Steps for adding in expenses
a. Click on ‘Budget / Expenses’ on the left menu
b. Click ‘Add’ on the top
c. Populate the following fields:
a. Expense – a brief name of the expense
b. Planned Expense – what is the value planned (budgeted)
c. Planned Expense Date – what date do you intend this expense to occur
d. Click Save – add in at least three additional planned expenses.
b. Note we won’t add in the ‘actual expense’ information until the expenses occur in the future
5. Create Milestones
a. Create a minimum of two milestones within your project.
b. Steps:
a. Go to your tasks in your project.
b. Add a new task
c. Set the duration to zero
d. Note you will see a diamond added in the duration column in the task list, representing this is a
e. Continue to add another milestone.
f. Drag the milestones so they are played appropriately in your project.
6. Modify the lengths of a couple of tasks
a. Do this by changing the duration of at least two of your tasks.
7. Flag the first two tasks as Done
a. Do this by either:
a. Double clicking the status field of a task, and click ‘Mark as Complete’ (or)
b. Edit the task and put a % Complete of 100%
8. Flag the third task as 50% complete
a. Do this by either:
a. Double clicking the status field of a task, and click ‘Mark as in Progress (50%)’ (or)
b. Edit the task and put a % Complete of 50%
9. Next, we’ll complete a project status update – which typically is performed weekly by Project Managers
a. Steps for creating the status report:
a. In the upper right click ‘Status’ to pop-up the Update Status screen
b. Update the following fields:
a. Health: Leave as On-Plan
b. State: Should be set to ‘In-Progress’
c. Phase: Update to ‘Planning’
d. Update Notes: Provide 2-3 sentences on what you learned this week on the different
e. Scroll down to the six health fields and update them as you desire:
a. Resource – availability of resources for your project?
b. Schedule – is your schedule trending on-time?
c. Scope – is the project staying on scope?
d. Budget – are we trending to stay on budget?
e. Quality – how is the overall quality of the project?
f. Risk – how concerned are we in relation to the identified risks?
10. Run a project report and submit to your instructor for grading
a. Note the video from prior weeks on how to do this.
Daptiv Logins-
1- Login- achekka14195@ucumberlands.edu Password- DaptivM2022
2- Login-pdhana68667@ucumberlands.edu Password- Success14$

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more