In this three-week team project, you will work with a project team made up of your fellow students using basic project management skills to plan for the design, construction, outfitting, and stocking of a new retail store in Canada for your US-based home improvement company. As this is the first time your company has opened a store in an international market, your team is going to be blazing a new trail for the company and setting the example for future international expansion.
This project will require you and your team to create several deliverables using templates provided in the steps below to ensure that the new store is fully operational by the target date. You will have three weeks to complete all nine steps.
When you submit your project, your work will be evaluated using the competencies listed below. You can use the list below to self-check your work before submission.
Risk is a factor in every project. Each stakeholder and each element in your work breakdown structure, especially along the critical path, introduces risk. Identifying and managing these risks is critical to ensuring project success. Read more in Project Risk and Risk Register.
In this step, your team will develop a project risk register using the provided risk register template. The risk register must include at least 10 project risks, both internal and external, as well as the projected response or responses to those risks. Keep in mind that you are conducting a project in a foreign country, Canada, which itself will add some risk because the official language in the province of Quebec is French.
When you have completed your risk register and identified at least 10 project risks, continue to the next step, where you will develop a project cost estimate.
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