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Human Resources and Risk Mitigation Plan

Based on the attached opportunity analysis paper:

- Identify the human resources required by the project, including management and end-users. Define titles and the skill-sets required for each title. Describe whether these resources are available or might have to be hired. Estimate the cost of each resource. Human resources costs are available on job sites such as monster.com or available through Microsoft's Human Resources department. Document the source of your costs. Describe how you intend to retain selected human resources via compensation and/or reward systems.

- Develop a risk mitigation and monitoring plan by first listing all risks (i.e. technical, people, business, cultural, etc.), defining the likelihood of the risk occurring (e.g. 3 on a scale of 1 through 5 with 5 being highly likely it will occur), and providing a mitigation or contingency strategy for that risk. Please use a tabular format.

P.S. Please provide appropriate references for statements and/or quotations next to the statements and/or quotations itself, apart from the references that you would provide at the end of your response as well. If you're just going to respond with outside references only, then please DO NOT respond.

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Identify the human resources required by the project, including management and end-users. Define titles and the skill-sets required for each title. Describe whether these resources are available or might have to be hired. Estimate the cost of each resource.

Microsoft will need to set up a project team which will handle all the aspects of this new product development project. The project will be headed by an experienced project manager, who possesses demonstrated experience and expertise in handing such large size and critical projects. The project manager will be chosen from existing employees of the company and will be the one who has been previously involved with successful projects within the company. The project manager will be expected to possess strong project management, leadership, communication and coordination skills and should have strong expertise in terms of managing the project as per prescribed benchmarks regarding quality, cost and schedule.

Further, since the project will involve working with partner companies and offshore teams, he should display cross cultural skills as well as ability to handle resources at distant locations. He should also be an excellent team player. Finally, he should have strong domain knowledge about the underlying technology and product being developed.

The project manager will be assisted by a team of software ...

Solution Summary

HR and Risk Mitigation Plan

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