Describe step that will use to develop risk management plan

Assignment Help Risk Management

Reference no: EM131244732

Assignment:

Your first task in this process will be to select a project to use as the basis of your Key Assignment. You will also create the shell document for the final project Key Assignment document deliverable that you will be working on throughout the course. As you proceed through each project phase, you will add content to each section of the final document to gradually complete the final project delivery, which is the Risk

Management Strategy and Plan.

The following project deliverables:

1. Submit project proposal to instructor for approval
2. Risk Management Strategy and Plan Document Shell

o Use Microsoft Word
o Title Page

1. Course number and name
2. Project name
3. Student name
4. Date

o Table of Contents

1. Use auto-generated TOC
2. Separate page
3. Maximum of three levels deep
4. Be sure to update the fields of the TOC so it is up-to-date before submitting your project.

3. Section Headings (create each heading on a new page with TBD as content except for sections listed under "New Content" below)

1. Project Outline
2. Risk Management Justification
3. Project Risks Identification
4. Project Risks Assessment
5. Project Risks Responses Strategy
6. Project Risks Responsibility Plan
7. Project Risks Monitoring & Control Plan
8. Project Risks WBS & Budget Updates
9. Project Risks Communications Plan

4. New Content to be Inserted in Above Shell

o Project Outline

1. Brief description of the project.
2. The milestones and/or WBS for the project.
3. Material can be taken from approved proposal submitted to the instructor, and this will serve as the draft for the proposal.
4. Be sure this project is approved by the instructor.
5. Risk Management Justification

1. Discuss why risk management is so important to the success of the selected project in a letter to the project sponsor.
2. Describe the steps that will be used to develop the Risk Management Plan.
3. Represent this process in a flow diagram as well.

1. Project Risks Identification

1. Start brainstorming, at a high level, on some categories where risk could occur in this project (Note: you will continue this brainstorming activity in the next week with specifics, likelihood, and impact).

Reference no: EM131244732

Questions Cloud

Brief explanation of porter four competitive strategies : Identify and discuss the competitive strategy that the organization you researched utilizes in order to differentiate them from other organizations in the same industry.

Affect the balance between inflows and outflows : Econ V3265 Fall 2016 Dealer Model Problem Set. Suppose that the bank decides to shorten the term of its discount loans, so they repay sooner. How does this affect the balance between inflows and outflows

Analyze in what ways does the person inspire leadership : In what ways does the person inspire leadership while building his or her own character and integrity? How does this leader exemplify the moral obligation to lead through kindness, compassion, and justice?

Describe the concept of force-field analysis : Describe the concept of force-field analysis and the forces that either drive or restrain the change process. Using the force-field analysis model, discuss a change initiative that you are familiar with, and define the key driving forces and key r..

Describe step that will use to develop risk management plan : Discuss why risk management is so important to the success of the selected project in a letter to the project sponsor. Describe the steps that will be used to develop the Risk Management Plan.

Define idea that applications have to be visually consistent : Imagine you are the manager of a medium-sized IT department. While walking through the hall one day, you overhear a senior-level software developer telling a newly hired developer to focus on improving his coding skills rather than learning about ..

About the equilibrum quantity in perfect competition : Why is the behavior of an oligopolist so hard to predict? how does it differ from that of monopolist? why? also, if a monopolist has little substantial competition wouldn't logic dictate that there would be a portion of the maginal revenue curve ( at..

Using the customary standard for size comparison : Consider a relatively small, tropical island nation (using the customary standard for size comparison, this nation is roughly 35 Rhode Islands). It has a healthy, well-educated population and the population growth is stable. Outline an economic growt..

Provide constant growth model : Please provide (and show work for): Constant growth model, Trailing Own P/E and Two-stage dividend growth model

User Account

All Pages