PJM 410 PF Project

Option #1: Executive Summary of a Risk Management Plan

The Project Management Institute (Project Management Institute, 2017) defines the Risk Management Plan as containing some or all of the following elements:

• Risk strategy
• Methodology
• Roles and responsibilities
• Funding
• Timing
• Risk categories

This is outlined in both A guide to the project management body of knowledge and the Practice standard for project risk management.

Instructions:

For the Portfolio Project that is due in Week 8, you will develop a complete Risk Management Plan and Risk Register for a project.

Select a project within your industry, or within an industry in which you would choose to work as a project manager. Submit an executive summary of your selection (high-level project charter) for a grade. You will also begin to outline a Risk Management Plan for this project and add to it each week. Your executive summary should meet the following requirements:

• Be 1-2 pages in length, not including the cover and references pages

Refer to the Portfolio Project milestone grading rubric below for more information on assignment expectations and grading.

Reference

Project Management, I. (2017). A guide to the project management body of knowledge: (PMBOK® guide) (6th ed.). Newtown Square, PA, USA: Project Management Institute.