Risk identification and impact assessment
1. Risk identification and impact assessment Identify possible risks for the case study and critically analyse the impact of these risks. Use a risk probability and impact matrix to rate and prioritise the risks. Develop appropriate response strategies to effectively manage identified risks. Complete a risk register for the case study. 2. Risk management reporting Identify and explain how stakeholders will be apprised of the project’s ongoing risk management activities.
The written portion of your Risk Management Plan should consist of 1500 words/student.