Question: Project Context You are the project manager for Big Island Hotel and are responsible for ensuring your project team understands why and how to record

Project Context You are the project manager for Big Island Hotel and are responsible for ensuring your project team understands why and how to record risks for the project.

Using the risk register you created in Assignment 2 (Risk Identification and Analysis), conduct an overview session to help project team members understand risk management

Instructions

1. An outline is available as a starting point is recommended.

Be specific and clear during your explanation.

Focus on the quality of information and be concise

2. Use the risk register, impact table, and heat map from the case provided in assignment 2.

Select 1 (and only 1) risk to discuss during the assignment. It is acceptable to show all 3 risks in your explanation.

3. Create a narration Include these topics and ensure the minimum requirements are met.

3.1. Brief overview of the project and project context including priorities (see Larson section 4.2 Establishing Project Priorities. Enhance by discussing the type of project (operational/tactical/strategic), baseline/budget and/or risk reserve.

3.2. Purpose and benefits of a risk register. Identify the risk threat and review the risk statement. Enhance by reviewing the associated risk costs and any other relevant information.

3.3. demonstrate how the impact table was used to determine the risk impact. Enhance by discussing how the impact table can be tailored to reflect the project context and/or priorities.

3.4. Demonstrate how the heat map was used to determine the risk priority. 4. Title page, table of contents and references (cite assignment 2 as applicable and all other sources where appropriate). Perform a spelling and grammar check and use proper project management terms (i.e. risk). Perform a final format check, make this look professional.

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