News Review 3: Prevention and Intervention Strategies for Distressed Projects
Upon successful completion of this assignment, students should be able to:
recognize a potentially distressed project and conduct root cause analysis,
⚫ formulate and implement strategies for preventing projects from becoming distressed projects, identify early warning signs/signals of high-risk projects and implement strategies to minimize the impact of coming problems,
⚫ define dashboard metrics to track project performance over time, and
develop a recovery plan for distressed projects.
Brief Description
Refer to one of the recommended business news sources.
Identify a project that has registered some distress failure.
Describe a root cause analysis that you would conduct in order to identify early warning signs that might push the project into distress.
Describe the discovery plan that you would implement in order to rescue this project.
