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WRITTEN ACTIVITY 2 CHECKLIST For this assessment you will need to use the risk management strategy you have developed and think about how you would

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WRITTEN ACTIVITY 2 CHECKLIST For this assessment you will need to use the risk management strategy you have developed and think about how you would implement it. 1. Now it is time to develop an implementation plan. Your will need to include: a. Management of the implementation strategy b. Monitoring methods c. Evaluation methods 2. In this strategy you will need to plan for the implementation which means deciding on a few things. To help you do this you should develop a work breakdown structure (WBS). Your work breakdown structure should include: a. Project management requirements b. Assessing Project Risk c. Resources management d. Performance Management and tracking e. Project financial management f. Resource Acquisition g. Budgets and financial management h. Project schedule and timeline i. Continual improvement management for the project life cycle 3. You will need to identify the resources your need for this task in the above section so make sure you identify all of them. These resources may include: a. Human Resources: This encompasses the skills, experience and knowledge as well as the time that they put in, the business owners time will be calculated in this category as well. b. Financial: Shares, Cash, and any other financial resources c. Technological: these are the processes and systems or physical technological items and equipment such as specially designed software and information management systems. d. Physical: this encompasses all tangible physical assets such as equipment, supplies, buildings and office space

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