Risk management

Instructions

Throughout all projects, there are positive and negative risks. A part of the risk management plan is to have a mitigation strategy for each type of risk. For this assignment, prepare a risk register for the Lucky Me Animal Rescue adoption event project.

1. For the first part of this project, you will use a spreadsheet to create a risk register. You must identify a minimum of 10 risks on the risk register.

The risk register should contain, at a minimum, the information described below.

 Identify and describe all possible risks.

 Describe the potential impact on project success for each risk.

 Provide the probability of the risk occurring, and prioritize each risk (rank from most important to least).

 Create a mitigation strategy for each risk.

2. In the second part of this project, you will research and examine how the project’s quality could be impacted by the risks you have identified. Discuss what steps or tasks you would perform, as the project manager, to ensure that the project quality does not suffer due to the risks. (Note: Specifically address quality impacts, as you have already addressed the overall project impacts from the risks in the risk register.)

3. In the final and third part of this project, you will summarize what controlling phase tasks will help you in managing the project’s time, costs, schedule, resources, and quality while responding to the risks identified in the risk register. Begin with an introduction. Include examples of outputs, communications, or documents specific to the Lucky Me Animal Rescue adoption event project as you summarize the controlling phase tasks.

• The second and third parts of the project must be a minimum of two written pages, not counting the title and reference pages.

• You must use a minimum of two sources that are peer-reviewed or academic in nature to support your project, one of which may be your textbook.

• Adhere to APA Style when constructing this assignment, including the title page and in-text citations and references for all sources that are used.

• Your risk register spreadsheet should be uploaded as an appendix to the written document you attached in the assignment submission area of Blackboard.

Appendices, other supporting materials etc. are added after your reference list. Appendices are labelled, for example, Appendix A, Appendix B, Appendix C, etc. Each appendix starts on a page of its own. Appendices and other supporting materials should not be submitted separately in the Blackboard.

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