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You are well underway with planning your project, and you know that it is very important to perform risk management.

This week, there are two deliverables:

  • Create risk matrix, and address how risk response plans would be addressed
  • Essay addressing the following:

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To help guide you through this deliverable, please follow the six-step process of risk management found in the Lesson.

Using the Risk Matrix template located in the Project Templates section near the top of this page, identify five positive and five negative risks that could occur on this project, and complete the risk matrix. Write a five-page essay to describe, in your own words, your risk management plan to include the risk matrix, risk responses, and how you will monitor and control these risks.

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