Resources: Risk Management Plan Outline, assigned readings
Write a paper of no more than 1,400 words, including tables and matrix, that includes the following: •Revision of project background that clarifies project scope, requirements, schedule, quality, and constraints •Updated risk identification framework •
Qualified and quantified risk matrix with low, medium, and high qualitative assessments linked to quantifiable measures and risk factors, with performance of a risk assessment using a risk matrix, including (for all 15-20 risks): ◦Calculation of project risk factors ◦Risk quantified in terms of cost, schedule, and performance
•Prioritized risk register, including the following (for all 15-20 risks): ◦Risk description ◦Initial low, medium, or high risk assessment ◦Risk priority in the overall risk management plan
Note. A portion of this assignment is utilized in the final project.