OBJECTIVE To test student capabilities of understanding the Risk Management as one of the Project Management knowledge. The Risk Management application towards any project you involved or familiar with. You should brainstorm; think creatively and practically apply Risk Management towards project application. ASSIGNMENT BRIEF Choose One (1) project that you involved / familiarise with based on your stream background. Your task is to analyse the selected project, prepare your report based on following structure. CONTENT 1. Introduction Risk Management Overview - definition, process, standard, practice, benefits etc. Brief on your Project - location, size, inventory data etc. 2. Main Report Plan Risk Management - planning for the risk management approach, classification of risk P & I, risk categorisation Identify Risk - list down at least min 10 risk (threat / negative risk) associate with your project. Categorize them accordingly Perform Qualitative Risk Analysis - prioritizing the list of identified risks through a combination of the probability and the impact. Plan Risk Response - response strategy and response action (Strategies for negative risks include Avoid, Transfer, Mitigate, Escalate) Monitor Risk - Responsible Entity - person in charge / Interval or Milestone Check / Status: Date & Review Comments Prepare Risk Register Schedule (as given sample) and arrange the risk according to highest impact to lowest 3. Conclusion / Summary Risk Management application toward your project 4. References 5. Appendices