Question: ASSIGNMENT BRIEF Choose One (1) project that you involved / familiarise with based on your stream background. Your task is to analyse the selected project
ASSIGNMENT BRIEF Choose One (1) project that you involved / familiarise with based on your stream background. Your task is to analyse the selected project
CONTENT 1. Introduction Risk Management Overview - definition, process, standard, practice, benefits etc. Brief on your Project - location, size, inventory data etc. 2. Main Report Plan Risk Management - planning for the risk management approach, classification of risk P & I, risk categorisation Identify Risk - list down at least min 10 risk (threat / negative risk) associate with your project. Categorize them accordingly Perform Qualitative Risk Analysis - prioritizing the list of identified risks through a combination of the probability and the impact. Plan Risk Response - response strategy and response action (Strategies for negative risks include Avoid, Transfer, Mitigate, Escalate) Monitor Risk - Responsible Entity - person in charge / Interval or Milestone Check / Status: Date & Review Comments Prepare Risk Register Schedule (as given sample) and arrange the risk according to highest impact to lowest 3. Conclusion / Summary Risk Management application toward your project 4. References 5. Appendices
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