Risk Response Plan

Use the same company/project idea you used in the Week 2 Learning Team assignment. See attached.

Write a 1,050- to 1,400-word paper in which you address each of the following items:

• What is the purpose of a risk response plan?
• What is a risk owner?
• Who should be appointed to own risk on a project?
• What is a risk owner's role in the risk response plan?
• How should a project manager assess and deal with risk?
• List and describe the most common areas of the project where risks can originate.
• List and discuss at least two types of risk for each area.
• In the project you discussed in Week 1, what were the risks, and how were they handled? Should they have been handled differently?

Format your paper consistent with APA guidelines.