Turnitin™
This assignment will be submitted to Turnitin™.
Instructions
Objective:
LO1: The student will be able to identify major project risks and create the risk register
for a given project.
LO2: The student will be able to correctly formulate risk statements so that confusion
between the risk causes and effects are avoided.
Prompt:
You are required to identify 10 major risks.
Instructions:
For the project described below, you are required to identify 10 major risks and write
them in the provided risk register template. At least two of them should be
opportunities for growth (e.g., through marketing), and at least two should be finance-
related (there can be overlap between the opportunities and the finance-related risks).
Please pay attention to how you formulate the risks to avoid ambiguities. For this
assignment, you only have to fill in the Risk column (detailed analysis will be performed
in the following assignments).
Project Title: Building and opening a new Toy4All store
Project Description: Toy4All toy store chain wants to open a new store in a small
town. For this project, the Director of the Projects Department assigned Mr. Play as the
project manager, an employee with 5 years of service in the company. He will have to
plan and coordinate all activities related to the new store’s opening, which, unlike other
existing stores, will be equipped with a children playground. He will need to consider
the activities: building the store, setting up the interior and the exterior, supplying the
store with toys, defining the personnel structure, and preparing the store for the
opening. Also, the details regarding advertising must not be forgotten. The project
duration is 1 year and will end with an opening event.
Due to the professionalism proven when building previous stores, the company decided
to work with the same building contractor (for the construction phase). By now, all
licenses and permits required to start the work have been obtained.
The role of Mr. Play will not be easy. He was assigned due to his idea to include a
playground in the store, which, once applied, should lead to increased sales figures.
While the entire management has supported the idea, several heads of departments in
Due on Oct 26, 2025 11:59 PM
the organization were not very pleased by his assignment, considering him too young
and inexperienced for such a project. The most serious concerns are related to the
project’s impact on the already planned activities that will support sales in the holiday
season.
In the Assignment dropbox, please attach your paper as a file, do not copy &
paste.
Submit your assignment by 11:59 pm ET, Day 7 (Sunday).
Grading Rubric
A rubric is provided for your convenience that details how this assignment will be
graded. Please review it carefully prior to submitting your work.
