For Phyliis Young ONLY- Project Risk

You are preparing the project risk-management plan for review with the sponsor and your manager. You have identified the risks, assessed the probabilities and impacts, and created your responses. You now need to present the comprehensive plan and gain the buy-in from the sponsor on the risk-management plan.

Individual Guidelines:

• A 1–3 page typed document covering the aspects listed in the guidelines.

• Create risk responses (reduce probability, reduce impact, and respond) for each of the 15 risks you identified and assessed in the prior unit.
• Use either Word or Excel to record this information.

• Add to the chart from last week, with the risk response column, you can also add a justification to that, instead of just saying "Impact", you should explain it, I hope that helps.