For this course, you will do the following: Review and analyze a project scenario Apply the concepts of the risk management life cycle Develop a risk management plan Use the Project Scenario and the Project Template to address and submit the following components of the risk management life cycle: Write an overview and analysis of the project scenario. Explain the purpose and value of risk management planning in strategic organizations. Define how you will apply the risk management life cycle to this project, including stakeholder and project sponsorship definition