Individual Project 4

Key Assignment Draft Based on the Unit 3 IP, identify potential project risks, analyze and evaluate project risks, and come up with a project risk matrix. Update your MS Project file to adjust the tasks and schedules based on the project risks.

 • Some common risks include staffing, schedule, and budget.

  • Identify at least 5 major project risks, and analyze and evaluate the risks based on probabilities and impacts. 

 • Develop a MS Word document (1-2 pages) with the risk management strategy based on the risk management processes and tools. 

 • Put all risks and relevant information in a risk matrix. You may access the risk matrix template here. 

 • Adjust your project schedule in the MS Project file based on the project risks. Please submit your assignment.

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