ASSESSMENT TASK This assessment task comprises of two sections. In the first section, develop a project risk plan for your project of choice. In the second section, answer a series of questions,...

ASSESSMENT TASK


This assessment task comprises of two sections.

In the first section, develop a project risk plan for your project of choice. In the second section, answer a series of questions, referring to your project, regarding project execution and evaluation.
Please refer to your Unit Learning and Assessment Outline for further information about this assessment.


SECTION 1 - PROJECT RISK PLAN


1.Risk Management Approach
Describe how the project risk plan has been developed, Address:
-    Major inputs into the plan
-    Establish the project risk context to inform risk management processes
-    How risk where identified in consultation with stakeholders (specify the stakeholder)
-    Provide a high-level summary to indicate how risks where assessed and prioritised (include any specific risk standards and methodology considered in your approach)
-    Indicate if any specific project or company client personnel oversees risk management
-    How stakeholders have been communicated to in regards to the agreed plan
All points MUST be addressed.


2.Risk Identification
Describe how the project risks where identified. Address:
-    What stakeholders participated in risk identification activities
-    What inputs where considered in the risk identification process
-    What risk identifications tools and techniques were used
All points MUST be addressed.


3.Risk Breakdown Structure (RBS)
Add your RBS below:


4.Risk analysis and prioritisation
Provide a short paragraph to introduce your risk analysis and prioritarisation.


4.1 Qualitative Risk Analysis
Provide a summary of the qualitative risk analysis that was undertaken to include:
-    Inputs into the qualitative analysis
-    Outputs


4.2 Quantitative Risk Analysis
Provide a summary of the quantitative risk analysis that was undertaken to include:
-    Inputs into the quantitative analysis
-    Outputs
-    Tools and techniques that were