n Homework $1,$ Problem $3,$ you created a Work Breakdown Structure to plan an upcoming trip

to Europe. For this trip, you are now preparing your risk management plan through the

following steps:

$1.$ Identify key potential risks associated with this project. Describe at least five different risks.

$2.$ Create a risk severity matrix, similar to the one discussed in class $($also per textbook chapter

$7,$ figure $7\mathrm{.}7)$ to identify impact and probability of each risk. Briefly explain your rationale for

the positioning of each of your risks in your risk severity matrix.

$3.$ Create a risk response matrix to describe, for each of your risks, a$)$ your risk response

strategy and b$)$ your contingency plan $($if applicable$)$