List and discuss at least two types of risk for each area


Assignment: Risk Response Plan

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Write a 1,050- to 1,400-word paper in which you address each of the following items:

· What is the purpose of a risk response plan?

· What is a risk owner?

· Who should be appointed to own risk on a project?

· What is a risk owner's role in the risk response plan?

· How should a project manager assess and deal with risk?

· List and describe the most common areas of the project where risks can originate.

· List and discuss at least two types of risk for each area.

· What were the risks (list of risks below), and how were they handled? Should they have been handled differently?

Risk

Lack of Coverage

Management Difficulties

Administrative Costs

Lackluster Record keeping

Decrease in Productivity

Potential of Losing Talented Employees

Additional Costs of Hiring Temporary Replacement.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Risk Management: List and discuss at least two types of risk for each area
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