Question: Assignment Instructions: To help give this assignment context, you can assume that the project we are working on is a Dream House Project with a

Assignment Instructions: To help give this

Assignment Instructions: To help give this

Assignment Instructions: To help give this

Assignment Instructions: To help give this assignment context, you can assume that the project we are working on is a Dream House Project with a Work Breakdown Structure (WBS) that is similar to what is shown below: Dream House Project Foundation & Landscape (ID 100) Outside (ID 200) Inside (ID 300) Inspections (ID 400) Project Management (ID 500) Excavate Foundation (ID 101) Frame House (1 201) Frame Electrical (ID 301) General PM (ID 501) (ID 401) Construct Foundation (ID 102) Finish Roof ID 202) Plumbing (ID 302) Electrical (ID 402) Kick off meeting Team bulding Status reporting RISK Management ID 502 Rough Landscaping (ID 105) Install Siding (ID 203) Mechanical (ID 303) Plumbing (ID 403) Finish Landscaping ID 104) Install soffit and Fascia (1 204) Drywall (ID 304) Mechanical ID 404) Quality Management 503 Finish Carpentry . Fixtures ID 305) Final OD 405) Risk Management Plan Template: This section of the risk management plan will involve identifying all of the potential risks associated with a project, using the WBS as well as the various risk categories identified in the readings. In this section, do not try to evaluate the risks; simply identify them. 1) Introduce your project (1 paragraph) from a risk perspective (what are the stakeholder's' risk-related concerns on this project?) 2) Project Risk Tolerances: Indicate which project characteristic the risk plan is to protect (budget, schedule or quality). Provide a brief justification as to why this project characteristic should be protected over the others. 3) Methodology: How were risks identified on this project? (PMBOK 11.2.1, 11.2.2) (Remember that 'risk' means uncertainty. Uncertainty can represent both threats and opportunities - see PMBOK p. 397). Were any risk analysis tools used? (PMBOK 11.2.2, 11.3.2, 11.4.2) What data sources were used in the risk analysis? (PMBOK 11.3.1, 11.4.1) O Assignment Instructions: To help give this assignment context, you can assume that the project we are working on is a Dream House Project with a Work Breakdown Structure (WBS) that is similar to what is shown below: Dream House Project Foundation & Landscape (ID 100) Outside (ID 200) Inside (ID 300) Inspections (ID 400) Project Management (ID 500) Excavate Foundation (ID 101) Frame House (1 201) Frame Electrical (ID 301) General PM (ID 501) (ID 401) Construct Foundation (ID 102) Finish Roof ID 202) Plumbing (ID 302) Electrical (ID 402) Kick off meeting Team bulding Status reporting RISK Management ID 502 Rough Landscaping (ID 105) Install Siding (ID 203) Mechanical (ID 303) Plumbing (ID 403) Finish Landscaping ID 104) Install soffit and Fascia (1 204) Drywall (ID 304) Mechanical ID 404) Quality Management 503 Finish Carpentry . Fixtures ID 305) Final OD 405) Risk Management Plan Template: This section of the risk management plan will involve identifying all of the potential risks associated with a project, using the WBS as well as the various risk categories identified in the readings. In this section, do not try to evaluate the risks; simply identify them. 1) Introduce your project (1 paragraph) from a risk perspective (what are the stakeholder's' risk-related concerns on this project?) 2) Project Risk Tolerances: Indicate which project characteristic the risk plan is to protect (budget, schedule or quality). Provide a brief justification as to why this project characteristic should be protected over the others. 3) Methodology: How were risks identified on this project? (PMBOK 11.2.1, 11.2.2) (Remember that 'risk' means uncertainty. Uncertainty can represent both threats and opportunities - see PMBOK p. 397). Were any risk analysis tools used? (PMBOK 11.2.2, 11.3.2, 11.4.2) What data sources were used in the risk analysis? (PMBOK 11.3.1, 11.4.1) O

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