Best of Best
Risk Management Plan for the Suzy’s Swirl Expansion Project
Prepared By: Richard Perez
1. Project Description and Objectives
a. Successful Completion of the Second Location
b. Company History
c. Risks Associated with Expansion
2. Project Scope
a. While maintaining our mission we are always looking for a better way of reaching new customers or markets, and still remembering how we began. We know our vision only started to come to life because of our customers.
b. Our goal is to keep our risk as minimal as possible, while still reaching our expansion goal.
3. Project Priority
a. Completion is crucial to attract new customers as well as to provide another location for our current customers.
b. This will help eliminate unhappy customers, walk-away customers, and more space for larger orders.
c. Priority is determined by current customer base comments and suggestions, as well as visible feedback.
4. Objectives of the Risk Process:
a. Determine a proper time frame for project
b. Determine appropriate budget
c. Find new location
d. Certain criteria can be sacrificed such as time and scheduling, due to weather, current work load, or small budget laspes.
e. Specific guidelines and caps will be set in order to reduce the risk in this project.