CPMGT 302 WEEK 2 Risk Management Breakdown Structure Paper
Select an organization you are familiar with as the basis of the paper.
Risk involves uncertainty, the lack of knowledge of future events, and the measures of profitability and consequences of not achieving the project goal. Your organization has decided that to be successful in the global economy it must expand its supply base into China or another country approved by your instructor. This has become a strategic project for the organization.
Write a 1,400- to 1,750-word paper in which you address the following risk management items for this supplier global expansion project:
- Describe the objectives and goals, tools and techniques, and organizational roles and responsibilities for effective risk management for the project.
- Describe various information sources that may be used by the project team for risk identification.
- Identify and describe the risk management documentation that will be required for the project. Examples include RMP and risk management log or register.
- Explain the role of risk management in the project planning process.
Create a risk breakdown structure that outlines the organization’s risk categories.
Consider the following categories:
- Project risks
- Business
- Contract relationships with customers and suppliers
- Management
- Political
- Organizational risks
- Project management risks
- Cost estimates
- Schedule estimates
- Communication
- Technical risks
- Production risks
- Manufacturing concerns
- Logistics
- Support risks
- Maintainability
- Warranty
- External risks
- Procurement
- Material availability
- Lead times
- Quality
- Market
Format your paper consistent with APA guidelines.
Submit a Turnitin Originality Report (from the Plagiarism Checker tool found in the Library / Center for Writing Excellence) with your assignment. Assignment submissions will not be accepted and will receive a ZERO grade unless accompanied by a Turnitin Report document.
To include a Turnitin Originality Report with your assignment document file: Select the “My Papers” link, then go to the Status column and click on the Ready icon. Then select the Document Viewer link at the top. A printer icon will appear in the bottom of the display. Select the printer icon, then select the “Download PDF of current view for printing” – that PDF file should be saved and submitted with your MS Word assignment file.
Please ensure direct quotations of sources are kept to a minimum in your submitted papers, and that all references used are cited appropriately. The goal of your submitted Turn It In originality report would be to have a similarity score in the range of zero to ten percent.
