Justify the value of risk plan


Assignment:

Review the case titled: "Risk Management on a Satellite Development Project"

Create a 3-4 page paper in which you:

1. Suggest the issues that could have developed had the team not had a risk plan.

2. Justify the value of risk plan considering the time, effort, cost, and resources it took to develop such a plan.

3. Assess how to determine the level of risk management appropriate for a project.
Imagine the team working on the satellite development project was a virtual team in which team members were unable to meet in person.

4. Explain the expected impact on the project, and suggest two (2) ways the team could maintain its current goal in both planning and execution.

5. Use at least four (4) resources in this assignment.

Your assignment should:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references should follow APA or school-specific format.

• Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes are:

• Estimate project costs and associated risks associated with each cost.

• Use technology and information resources to research issues in managing human resource projects.

• Write clearly and concisely about managing human resource projects using proper writing mechanics.

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Risk Management: Justify the value of risk plan
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