Throughout this course, regarding case study risk response plan, you will have the opportunity to discuss various tasks, deliverables, and tools that help in project preparation, scope management, communications management, quality management, schedule management, risk management, and integration management. For this assignment, you will complete a risk management plan for your Integrative Project, with the following elements: Risk Register, Qualitative Risk Assessment, Quantitative Risk Assessment, and Risk Mitigation Strategies.

Upon successful completion of this assignment, you will be able to:

  • Develop a Risk Register.
  • Evaluate and prioritize risks based on the chance of occurrence and impact to project.
  • Plan risk responses for high priority risks.

Resources

  • Textbook: Agile Fundamentals: A Comprehensive Guide to Using an Agile Approach
  • Textbook: PMP Exam Prep
  • Article: Risk Identification Techniques/Sources
  • Website: IWU Resources Page
  • Website: Evaluating Sources
  • Video: Positive vs. Negative Risks on Projects

Background Information

One of the sub-plans that helps you complete your Integrative Project plan is a risk management plan. Given that poor risk management is one of the most cited causes of project failure, it is important that risk identification and analysis are conducted effectively.


Instructions

  1. Review the rubric to make sure you understand the criteria for earning your grade.
  2. Review the following resources, as needed:
    1. In Agile Fundamentals: A Comprehensive Guide to Using an Agile Approach, Chapter 3: Value Driven Delivery “Managing Risks”
    2. In PMP Exam Prep, read: Chapter 11: Risk
    3. Article: Risk Identification Techniques/Sources
    4. Videos:
      1. Positive vs. Negative Risks on Projects (4:03 min)
  3. In this assignment, you will create a risk management plan for your Integrative Project in a similar format.
  4. Your submission should be a minimum of 350 words.
  5. All references and citations should be in APA format.
    1. Review the APA Style page for information on how to cite sources and format citations and references properly.
    2. You may also review the OCLS Evaluating Sources page to see the criteria for credible Internet research websites.
  6. When you’ve completed your assignment, save a copy for yourself, and submit a copy to your instructor by the end of the workshop.

Requirements: 350