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ICT352 ICT Project Management

BSBRSK501 Manage Risk Answers

ICT352 ICT Project Management

Task 2

Semester 1, 2018

Assessment and Submission Details

Marks: 35 % of the Total Assessment for the Course

Due Date: 5:00pmMonday, Semester 1 Week 8 2018

Assignments are to be submitted by SafeAssign.



The assignment will be marked out of a total of 100 marks. Once marked, ALL assignments will be checked for plagiarism and/or collusion between individuals.

Refer to your Course Outline or the Course Web Site for a copy of the “Student Misconduct, Plagiarism and Collusion” guidelines.

Note: Each student MUST be able to produce a copy of their assignment and this copy MUST be produced within 24 hours of it being requested by the Course Co-ordinator. Failure to produce the second copy of the assignment when requested may result in loss of marks or a fail grade for the assignment.

Requests for an extension to an assignment extension MUST be made prior to the date of submission and requests made on the day of submission or after the submission date will only be considered in exceptional circumstances.  Please note because this assignment forms the basis of the next task extensions will not be given without documented medical evidence off inability to work.

Case Study: Tier One Suppliers Insurance Group (TOSIG).


Tier One Suppliers Insurance Group (TOSIG) offer insurance to Tier One Suppliers, primarily on improvements such as buildings, fencing, stock yards, storage silos and machinery.  They also offer insurance for crops.  TOSIG have been in business for approximately 65 years and pride themselves on traditional values and maintaining long-term relationships with clients.  They underwrite insurance on 6.7 billion dollars worth of risk and have 150 agents in the field, maintaining offices in most major regional Tier One Supplying areas.  The organisational strategy is to maintain existing customers and increase the number of insurance products offered to clients.  They also want to grow their business by increasing sales of insurance to small and medium enterprises in regional areas.  Currently it is up to each agent to maintain information on their book of clients although information on policies is kept in a central database.

Approximately every five years a site visit to the client is arranged so that the agent can confirm the details of the items they are currently insuring.  At this site visit the agent remeasures and inspects the property insured and enters the information (including the details of the insured) in a form.  The agent also has a discussion with the insured about changes in policies and any additional insurance products they may be able to assist with.  At the end of the visit the agent must re-enter the information into the TOSIG system and receive a report on the property.

There is concern that TOSIG are missing opportunities to sell more insurance because their agents do not have the ability to receive a report in the field.  Another factor is that currently agents spend a considerable about of time in the office entering information into the system from the site visit form, while TOSIG would prefer that they spent more time out in the field visiting potential and existing clients.  There is also an awareness at the managerial level that the clients could be risk managed better so that higher risk clients received visits more frequently while visits to low risk clients might be made at a longer intervals or by phone.  Currently this risk is managed by individual agents and there is awareness that some agents use these visits as an opportunity to sell more insurance or relationship build rather than managing the insurance risk, for instance they might insure a building for replacement when it is really at the end of its economic life and should be removed from the policy.

TOSIG is also aware of an increased threat from insurance companies who have not traditionally dealt with Tier one suppliers or have entered the Australian insurance market.  Currently the agents are issued with a vehicle, laptop with wireless dongle and Blackberry telephone.

They have planned an upgrade to their information systems, starting with a new customer relationship system.  The idea is that the agents will be issued with tablets in which a customer number is entered and a form will be prepopulated with client and policy information.  This is to reduce the amount of time the agents spend entering data.  They will also be issued with laptops and smart phones which will integrate with the TOSIG systems which will be moved to the cloud.  From the company perspective they would prefer that the agents are able to do more work from their vehicle and much less time in the office.  The end goal is to close some physical offices to help minimise overhead costs. The agents have become aware of this plan and there is some bad feeling about the plan to close offices.  The agents are also resistant to the cloud based system as they are aware this will enable TOSIG to track their movements.

The management board has budgeted $10 000 toward a feasibility study to investigate the new system or yet unexplored alternatives.

In your role as a Business Analyst you have been approached by the management board of Tier One Suppliers Insurance Group (TOSIG) for guidance on evaluating and selecting a suitable information system solution for their business.

follow the instructions contained in chapter 4 of the text.

  1. Title
  2. Scope overview
  3. Business case
  4. Background
  5. Milestone schedule (with acceptance criteria)
  6. Risks, assumptions and constraints
  7. Stakeholder list

Assignment Requirements and Deliverables

Your report should be no less than one thousand five hundred (1500) words and it would be best to be no longer than two thousand five hundred (2500) words long.

The report is to be prepared as a single Microsoft Word document adhering to all conventions detailed in:

Summers, J. and Smith, B., 2009, Communication Skills Handbook: How to succeed in written and oral communication, 3rd Ed, Wiley, Singapore


The completed assignment is to be submitted by SafeAssign on or before the due date.

The assignment will be assessed according to the marking sheet (Appendix A). Late submission of the assignment will result in a deduction of 10% of the available marks for each day that the assignment is late (This includes weekends).

Assignment Return and Release of Grades

Assignment grades will be available on the course web site on two weeks after submission at the latest. An electronic assignment marking sheet will be available.

Where an assignment is undergoing investigation for alleged plagiarism or collusion the grade for the assignment and the assignment will be withheld until the investigation has concluded.

Assignment Guidelines

This assignment will take a few weeks to complete and will require a good understanding of the Project Management material for successful completion. It is imperative that students take heed of the following points in relation to doing this assignment:

  1. It would pay to start this assignment early.
  2. Ensure that you clearly understand the requirements for the assignment – what has to be done and what are the deliverables.
  3. If you do not understand any of the assignment requirements – ASK the Course Co-ordinator.
  4. Each time you work on any aspect of the assignment reread the assignment requirements to ensure that what is required is clearly understood.

Appendix A

Marking Sheet for ICT352 S1.2018 Assignment 1

Student name:

Marking Criteria Maximum Marks Marks Obtained
Answers Presentation of Project charter
Scope overview
Business case
Milestone schedule


Risks, assumptions and constraints


Stakeholder list 5  
Total (I) = 100 0.0
  0.0 /20%


Overall Comments:


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