CIS 6208: Final Research Paper APA Style

Risk Management Plan Exercise

1

CIS 6208

IT Project Management

Exercise Name

Risk Management Plan

Purpose

Development of the risk management plan template provides students with hands-on experience

in creating this key project management deliverable. Development of the template supports the

ability to evaluate and recommend project risk management processes and best practices. In

addition, effective project managers have experience in creating project documentation for all

aspects of a project effort. Completion of this exercise will provide students with an opportunity

to gain experience in developing a risk management plan based on a specific case scenario.

Description

As the assigned Project Manager at Rolls Royce in support of the Enterprise Resource Planning

(ERP) project, you have been asked to create a Risk Management Plan for the effort. Since the

organization is just beginning development of their project management practices, they have

asked you to create a Risk Management Plan template for use in their new Project Management

Office (PMO). They are also asking you to develop a Risk Management Plan in support of the

ERP system rollout – using your template. The following two items must be submitted for this

assignment.

1. Template – Risk Management Plan This will be a blank template with a cover page, section headings, and section

descriptions. Students are expected to develop their own template based on online

research. Search using keywords “Project Risk Management Plan”,“Project Risk

Management Plan Template”, “Project Risk Management Plan Sample”, and “Project

Risk Management Plan Best Practices”.

2. Risk Management Plan You will use your template to create a risk management plan in support of the course case

study using your template. Leverage details from the case scenario to develop your plan.

You are free to fill in any gaps in the case details to develop a comprehensive plan.

Check with your instructor in regard to any questions related to the case scenario.

Note: Assignments with spelling and/or grammar errors will be returned for correction and

resubmission which may result in a late penalty.

Risk Management Plan Exercise

2

Rubric

Criteria Exemplary Accomplished Developing Beginning

Template -

Format

Provides a

comprehensive

and adaptable

template that

may be used for

most project

types.

15 Points

Covers all key

elements

required to plan

an effective risk

management

approach that

may be used for

most project

types.

10 Points

Covers most key

elements

required to plan

an effective risk

management

approach that

may be used for

some project

types.

5 Points

Limited coverage

of key elements

required to plan

an effective risk

management

approach.

0 Points

Template -

Section

Descriptions

Provides concise

and clear

descriptions

within each

section of the

plan.

15 Points

Provides

descriptions

within each

section of the

plan.

10 Points

Provides limited

descriptions

within each

section of the

plan.

5 Points

Provides no

descriptions

within each

section of the

plan.

0 Points

Risk

Management

Plan –

Correlation to

Case Scenario

Risk

management plan

correlates to case

details in an

exceptional and

significant

degree.

20 Points

Risk

management plan

correlates to

most case details.

15 Points

Risk

management plan

correlates to

some case

details.

5 Points

Risk

management plan

does not

correlate to case

details.

0 Points

Risk

Management

Plan –

Application of

Concepts and

Best Practices

Risk

management plan

content

demonstrates an

exceptional

application of

risk management

concepts and best

practices.

20 Points

Risk

management plan

content

demonstrates an

adequate

application of

risk management

concepts and best

practices.

15 Points

Risk

management plan

content

demonstrates

some application

of risk

management

concepts and best

practices.

10 Points

Risk

management plan

content does not

demonstrate

application of

risk management

concepts and best

practices.

0 Points

Risk Management Plan Exercise

3

Timeliness Exercise is

submitted by end

of day on Sunday

(upon completion

of unit).

10 Points

Exercise is

submitted by end

of day on

Monday (after

completion of

unit).

8 Points

Exercise is

submitted by end

of day on

Wednesday (after

completion of

unit).

5 Points

Exercise is

submitted on

Thursday or later

(after completion

of unit).

0 Points

Total Assignment Points: 80