Describe potential impact on project success for each risk


Project Homework

Throughout all projects, there are positive and negative risks. A part of the risk management plan is to have a mitigation strategy for each type of risk. For this homework, prepare a risk register for the Lucky Me Animal Rescue adoption event project.

For the first part of this project, you will use a spreadsheet to create a risk register. You must identify a minimum of 10 risks on the risk register.

The risk register should contain, at a minimum, the information described below.

a. Identify and describe all possible risks.

b. Describe the potential impact on project success for each risk.

c. Provide the probability of the risk occurring, and prioritize each risk (rank from most important to least).

d. Create a mitigation strategy for each risk.

In the second part of this project, you will research and examine how the project's quality could be impacted by the risks you have identified. Discuss what steps or tasks you would perform, as the project manager, to ensure that the project quality does not suffer due to the risks. (Note: Specifically address quality impacts, as you have already addressed the overall project impacts from the risks in the risk register.)

In the final and third part of this project, you will summarize what controlling phase tasks will help you in managing the project's time, costs, schedule, resources, and quality while responding to the risks identified in the risk register. Begin with an introduction. Include examples of outputs, communications, or documents specific to the Lucky Me Animal Rescue adoption event project as you summarize the controlling phase tasks.

Format your homework according to the give formatting requirements:

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

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

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

Request for Solution File

Ask an Expert for Answer!!
Project Management: Describe potential impact on project success for each risk
Reference No:- TGS03135566

Expected delivery within 24 Hours