Homework: Risk Register
Tony and his project team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information, Tony decided to be more proactive in managing risks and want to address positive risks as well as negative risks.
Complete the following tasks:
o Create a risk register for the project. Identify SIX potential risks, including risks related to the problems described in the previous paragraph. Include negative and positive risks.
o Develop a response strategy for each risk of at least 45 words each. Enter the information in the risk register. The more substantial and well-argued your response strategy, the better. Minimal effort = Minimal grade.
o Separately from the Risk Register, write at least 175 words describing what specific tasks would be required to implement the strategy. Include time and cost estimates for each strategy.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.