Craft a plan for identifying and monitoring risk

Assignment Help Project Management

Reference no: EM13963512

Project Risk Planning: Craft a plan for identifying and monitoring risk. In your plan, you could consider:

1. The amount of uncertainty in the project and how to deal with it

2. The threats of greatest concern

3. How each threat should be dealt with,

Risk Control: Determine corrective actions and controls to deal with uncertainty and its impact on the project, based on your risk plan. Ideas to consider may include:

1. Appropriate quantification of the risks (probability vs. impact)

2. Contingency funding or time buffers in place to handle threats.

Reference no: EM13963512

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