Risks can be the downfall of even the best plan. In order for a project to truly be successful, a well-rounded and developed risk plan needs to be developed. "The key elements in developing a risk management plan are identifying risks. analyzing risks for their probability of occurrence and potential impact to the project, and planning a response that would be most effective in reducing or eliminating the risk\" {2015). \"The rst step in addressing risk on projects is to understand that risk events will likely happen to some degree on every project, and a plan for dealing with risk should be developed" (2015]. This can be a difcult process, and one that can be improved with practice and repetition. Designing a risk plan for every project will help the project manager to become more familiar with common risks, as well as be more apt to identify potential risks before they appear