COURSE:
NR632: Nurse Executive Concluding Graduate Experience II
Assignment Overview
In this assignment, you will document, track and manage the project’s risks and utilization of human resources. The risk management will be accomplished through the use of a Risk Register chart.
Using the Risk Register is a way to identify, document, and manage all of the risks associated with a project. The chart details provide an easy way to scan for level of risk, status, potential responses, who is responsible for the risk in addition to the project manager, or other details needed to manage the risk. This is a great way to keep everyone informed when this document is presented at the weekly team meetings and in communication with all stakeholders.
Another key tool is called the RACI chart which helps you identify who is responsible, accountable, consulted, or informed for each major project task. The RACI (responsible, accountable, consulted, informed) chart will help manage and track utilization of human resources; this facilitates monitoring and control as well as provides one means of communication. It documents and makes it clear who is responsible for bringing the task to completion, on time, on budget.
For this assignment, do the following:
- Complete the Risk Register and RACI documents for your project.
- All project risks must be identified and added to your risk register following the example.
- The RACI chart must provide the responsibility, accountability, consulted, or informed status for each member of the team for all major project tasks following the RACI example.
Assignment Instructions
- Grammar, spelling, punctuation, references, and citations are consistent with formal academic writing and APA format as expressed in the current edition.
SOLUTION
Risk Management and Human Resource Management Plans
According to Kliem and Ludin (2019), risk management is centrally vital in project management. In this project, different risks are attached to the endeavors of managing workforce turnover, while enhancing employee retention at the Houston Methodist Hospital. The risk register and RACI matrix (Responsible, Accountable, Consulted, and Informed) charts are prepared in line with the project’s deliverables.
Risk Register
Through the risk register, the project management team identifies potential risks in an undertaking, making stakeholders aware of the probable issues that could hinder the desired outcomes. In this project,…
RACI Matrix
The RACI chart is vital in the clarification of workforce roles and responsibilities pertaining to various tasks, milestones, and decisions in a project. The matrix will further facilitate clear and smooth communication as well as
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