Based on the below case study, In this task, learners need to develop a risk management plan for their project. They should identify potential risks, assess their likelihood and impact, and develop strategies to mitigate or respond to these risks. The deliverable for this task should be a file that includes a comprehensive risk register, outlining identified risks, their likelihood and impact, risk mitigation strategies, and contingency plans (make it simple as possible) Case study: 1. Project: App Development 1.1 Initiation Phase 1.1.1 Define Mission and Objectives 1.1.2 Identify Team Values and Ground Rules 1.1.3 Define Roles and Responsibilities 1.1.4 Develop Project Charter 1.2 Planning Phase 1.2.1 Identify App Features and Advantages 1.2.2 Align with App Strategy and Company Growth 1.2.3 Align Technical Specifics to Meet Needs 1.2.4 Collaborate on Requirements and Design Ideas 1.2.5 Plan Consumer Communication Strategy 1.2.6 Plan Testing Strategy 1.2.7 Plan Integration and Deployment 1.2.8 Plan User Training and Support 1.2.9 Plan Launch and Marketing Strategies 1.2.10 Plan Feedback Collection and Improvements 1.3 Execution Phase 1.3.1 Develop App Features with Technical Team 1.3.2 Engage Users for Feedback and Testing 1.3.3 Monitor Development Progress and Advancements 1.3.4 Integrate Development and Deployment Progress 1.3.5 Provide User Tutorials and Support 1.3.6 Execute Launch and Marketing Strategies 1.3.7 Collect and Implement User Feedback 1.4 Closing Phase 1.4.1 Review Project Objectives and Deliverables 1.4.2 Assess User Feedback and Improvements 1.4.3 Evaluate Project Success and Lessons Learned 1.4.4 Transition Project to Ongoing App Maintenance 2. Roles and Responsibilities 2.1 Project Manager 2.2 Business Owners 2.3 Technical Team 2.4 Users 2.5 Testing Team 2.6 Development Team 2.7 Marketing Team 3. Values and Ground Rules 3.1 User-Centric Approach 3.2 Effective Communication 3.3 Transparency 3.4 Accountability 3.5 Continuous Improvement 4. Timeline 4.1 Initiation 4.2 Planning 4.3 Execution 4.4 Closing Explanation: For the "App Development" project, the presented breakdown serves as a thorough Work Breakdown Structure (WBS). The WBS is a hierarchical description of the project's activities and deliverables that aids in better project organization and management. The WBS is broken down into the following sections: 1.App Development Project This section, which is broken up into many sections, describes the overall framework of the project: Initiation Phase:The project's mission, objectives, team values, roles, duties, and project charter are all set at the initiation phase. Planning Phase: During this phase, a number of things are planned, including the features of the app, how they fit into the overall app strategy, the technical details, the communication plans, the testing, integration, deployment, user support, launch, marketing, feedback gathering, and upgrades. Execution Phase: Work on the app is actually done during this phase, including adding features, soliciting user input and testing, tracking development progress, incorporating deployment progress, putting launch and marketing plans into action, and responding to user feedback. Closing Phase:The closure phase entails examining the project's goals and deliverables, analyzing user suggestions for improvement, determining the project's success, and handing off the project to continuing app maintenance. 2.Roles and Responsibilities This section outlines the key roles within the project team: Project Manager, Business Owners, Technical Team, Users, Testing Team, Development Team, and Marketing Team. 3.Values and Ground Rules The guiding principles and ground rules that will direct the team's conduct and interactions during the project are described in this section: User-Centric Approach, Effective Communication, Transparency, Accountability, and Continuous Improvement. 4.Timeline This section displays the project's chronology for each of its phases: Initiation, Planning, Execution, and Closing. The given WBS provides an organized perspective of the project and aids in logically grouping activities and responsibilities. In order to make sure that project tasks are achievable and that the project team is aware of its duties and responsibilities, each sub-level reflects a further split of activities. This methodical approach improves project collaboration, communication, and success in general