Risk Management Plan

Project Part 1

Project Part 1 Task 1: Risk Management Plan

For the first part of the assigned project, you must create an initial draft of the final risk management plan. To do so, you must:

1. Develop and      provide an introduction to the plan by explaining its purpose and      importance.
2. Create an outline      for the completed risk management plan.
3. Define the scope      and boundaries of the plan.
4. Research and      summarize compliance laws and regulations that pertain to the      organization.
5. Identify the key      roles and responsibilities of individuals and departments within the      organization as they pertain to risk management.
6. Develop a proposed      schedule for the risk management planning process.
7. Create a professional      report detailing the information above as an initial draft of the risk      management plan.

Write an initial draft of the risk management plan as detailed in the instructions above. Your plan should be made using a standard word processor format compatible with Microsoft Word.

Evaluation Criteria and Rubrics

• Did the student      demonstrate an understanding of the competencies covered in the course      thus far?
• Did the student      include all important components of a risk management plan in the outline?
• Did the student      demonstrate good research, reasoning, and decision-making skills in      identifying key components and compliance laws and regulations?
• Did the student      create a professional, well-developed draft with proper grammar, spelling,      and punctuation?

 

Project Part 1 Task 2: Risk Assessment Plan

After creating an initial draft of the risk management plan, the second part of the assigned project requires you to create a draft of the risk assessment (RA) plan. To do so, you must:

1. Develop an      introduction to the plan explaining its purpose and importance.
2. Create an outline      for the RA plan.
3. Define the scope      and boundaries for the RA plan.
4. Research and      summarize RA approaches.
5. Identify the key      roles and responsibilities of individuals and departments within the      organization as they pertain to risk assessment.
6. Develop a proposed      schedule for the RA process.

 

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