Assignment DescriptionProject risk management is critical for delivering successful projects. Most projects operate under the triple constraints of scope, schedule and budget. Project risk management provides a systematic process to manage risks without missing project deadlines, compromising scope and increasing cost.As a competent project manager you have been asked by the Vice President of Technology, Pike Gresham of the Silicon Forest State University (SFSU) to design a risk management plan based on the information provided in the case study below. Your document should include the following:1. Introduction2. Executive summary3. Background of the case study4. Risk management Plan5. Identify risks associated with this project (case study) 6. Risk analysis for identified risks.7. Risk responses plan for identified risks.8. Plan for monitoring and controlling identified risks. 9. Justification of your proposed risk management Plan10. ConclusionComprehensive guidelines and procedures for managing risk are available from many published research sources. For this assignment you are required to follow the Project Management Institute process for managing project risks.
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