After the title page and the table of contents page the next
page will start the Outline and the instructions are as follows:
Section Headings (create each heading on a new page with TBD as content except for sections listed under "New Content" below)
Project Outline--Will be completed in this assignment
Risk Management Justification--Will be completed this assignment
Project Risks Identification--Will be completed this assignment
Project Risks Assessment-- Will be completed in another IP assignment
Project Risks Responses Strategy--Will be complete in another IP assignment
Project Risks Responsibility Plan--Will be complete in another IP assignment
Project Risks Monitoring & Control Plan--Will be complete in another IP assignment
Project Risks WBS & Budget Updates-Will be complete in another IP assignment
Project Risks Communications Plan--Will be complete in another IP assignment
New Content to be Inserted in Above Shell-- This is the content that will go into the above sections
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).
In this first Individual Project, you are asked to develop the outline of the sections that will be included in the “Risk Management Strategy and Plan” document and a draft of a proposal to submit to your instructor. The other information you will include is a high-level description of the project you will be conducting the risk analysis on.
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
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.identifying and analyzing risks.
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