IP4

This continues the project management activities from Unit 2’s Individual Project. You are still the project manager for the computer upgrades. Create a matrix that identifies, defines, and ranks the 4 risks from previous Individual Projects. It should look something like the following:

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| Risk        | Definition        | Ranking                      |

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| Risk title | Brief definition | Ranking/Assessment |

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Create a 3–5 page memo to the project stakeholders, including your matrix, detailing how you plan to manage and control these risks. Your paper must include the following elements:

• Brief responses to each risk, including how you plan to monitor and control the risks
• Any contingency steps you identify, including any risk prevention you see available
• How you plan to communicate projects risks to stakeholders, your project team, and those who will receive the new computer systems
• The earned value management (EVM) you plan to use