BUS 440 WEEK 1 AND 2

Assignment This Risk Management Plan includes the following sections: · Risk Management Approach – Deciding how to approach and conduct the risk management activities for the project · Roles & Responsibilities – Defining how each team role contributes to managing the risk process · Risk Identification – An initial and continuous effort to identify, quantify and document risks as they are identified. · Risk Prioritization & Categorization – Evaluate identified risks to determine probability of occurrence, impact, and timeframe. · Risk Response Planning - Establish an action plan for risk and assign responsibility. · Risk Monitoring, Controlling, & Reporting – Capture, compile, and report risk using the Risk Register Assignment - Write down a Risk Management Approach – Deciding how to approach and conduct the risk management activities for the project. You can select any project that you want to identify risk such as: Create Website, Create a special software for some industry, Build a bridge, Complete a specific certificate or any other project you can think of. Instruction: Prepare a 1.500-word document in APA format. Include concepts obtained from reliable websites and 5-7 peer-reviewed references from the Virtual Library to support your data and enrich analysis. Assignments is due on Sunday at midnight. Do not use Wikipedia, Investopedia, Yahoo.com, blogs or Google.com, as they present a biased opinion.

Given a project in which tasks have been scheduled and risks have been identified and ranked, please develop a plan to monitor and control changes in risks and risk potential as an integral part of the project review process. Instructions: Prepare a 1.500-word document in APA format. Include concepts obtained from reliable websites and 5-7 peer-reviewed references from the Virtual Library to support your data and enrich analysis. Assignments is due on Sunday at midnight. Do not use Wikipedia, Investopedia, Yahoo.com, blogs or Google.com, as they present a biased opinion.