Case Scenario: Risk Management (Elite Burger: New Product Launch) After reading the case scenario, address the following: 1. What are three other risks that the project manager should have identified and planned for? You can draw on the course material, your experience, and research to answer this question. 2. Describe some mitigation techniques that the project manager could use to alleviate those risks. You can draw on the course material, your experience, and research to answer this question.
Elite Burger: New Product Launch Case Scenario
David Smith, a project manager at Elite Burger, was called into an executive meeting on short notice. During the meeting, the executive team discussed a new burger that will be launched in 6 months called the “Big Time Burger”. Since David has successfully launched other products in the past, he was tasked with being the project manager for this new project.
After the meeting with executives, David scheduled a meeting with his team to discuss the project. During the meeting, David expressed some of his concerns, such as the fact that upper management has a history of significantly revising the scope at various points throughout the project. In addition, the new burger ingredients are rare and in limited supply, which may cause complications.
Unfortunately, the meeting had to be cut short and David tasked his team with identifying additional risks that should be considered and accounted for.