Question
Risk Management Plan As a team, develop a risk management plan for the project you have been working on in team assignment one University Cafeteria.
Risk Management Plan
As a team, develop a risk management plan for the project you have been working on in team assignment one University Cafeteria. The plan must include the following sections:
- This assignment is the follow-up of your team assignment one, so connect the two.
- Risk identification (three internal and two external risks), including WBS code and RBS (risk breakdown structure). Show risk management process for the identified project risks.
- Qualitative analysis: Briefly describe and rate the risk priority number (RPN) constituents of each identified risk.
- Risk Response Matrix.
Realistically, how is a risk management plan implemented in a business organization? persuasive letter to the Project Sponsor, clearly show the value of risk management for the successful implementation of any project, and request $10,000 for risk management. Format this letter as business correspondence (include letterhead, date, and signature) and write it from your perspective as a Project Manager.Make references to at least 5 or 6 reference materials for this assignment.
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