The first step will be to select a project that you to develop a risk management strategy and plan for. This project will be used as the basis for each of the assignments throughout the course and should conform to the following guidelines:
Nontrivial: The selected project candidate should reflect a real-life project that has at least the major milestones identified.
Domain Knowledge: You will be applying knowledge of this project to address assignments related to identifying and analyzing risks.
-Project Outline
Brief description of the project.
The milestones and/or WBS for the project.
Material can be taken from approved proposal submitted to the instructor, and this will serve as the draft for the proposal.
Be sure this project is approved by the instructor.
-Risk Management Justification
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.
Represent this process in a flow diagram as well.
-Project Risks Identification
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).
Answer will be sent by email as attachment.
