A Risk Management Plan

Assignment Guidelines:

Create a 1-page addendum to your risk management plan that describes how you will modify the plans or create new plans relative to that vendor to create an opportunity that will result in lower costs, earlier delivery, higher quality, or other positive impacts.

Also, answer the following questions:

• What can you change in your plans to create an opportunity?
• What would that opportunity be?
• What is the probability that this opportunity could occur? What is the impact?
• What are the risks (adverse effect) that are introduced by this change in plans?
• How will you communicate this change to the vendor?

Your submitted assignment (130 points) must include the following:

• A compiled risk management plan with your 1-page addendum in it
• A 2–3 page document answering the questions above
• Submit both files as 1 zipped document to the drop box

Please submit your assignment.

Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.

For assistance with your assignment, please use your text, Web resources, and all course materials.

This assignment will also be assessed using the Common Assessment criteria provided here. This is a 3 page assignment and you need to answerall the Questions and I need it by Saturday, August 19th,2016