Discuss the following in a 2 page:
The first step will be to select a project that you to develop a risk management strategy and plan for.
1. Nontrivial: The selected project candidate should reflect a real-life project that has at least the major milestones identified.
2. Domain Knowledge: You will be applying knowledge of this project to address assignments related to identifying and analyzing risks.
3. Select a project that fits these requirements.
• Project Outline
1. Brief description of the project.
2. The milestones and/or WBS for the project.
• Risk Management Justification
1. Discuss why risk management is so important to the success of the selected project in a letter to the project sponsor.
2. Describe the steps that will be used to develop the Risk Management Plan.
3. Represent this process in a flow diagram as well.
2. Project Risks Identification
1. Start brainstorming, at a high level, on some categories where risk could occur in this project (Note: you will continue this brainstorming activity in the next week with specifics, likelihood, and impact).