Refer to the project WBS from Chapter $7.$ You developed the WBS of multiple levels, including work packages at the lowest level based on the initial project requirements below, which were further elaborated.

Building a single$-$family, partially custom$-$designed home as required by Mrs$.$ and Mr$.$ John Thomas on Strath Dr$.,$ Alpharetta, Georgia. The single$-$family home will have the following features:

$3,200$ square$-$feet home with $4$ bedrooms and $2\mathrm{.}5$ bathrooms

Flooring$$hardwood on the first floor, tiles in the kitchen and bathrooms, carpet in the bedrooms

Granite kitchen countertops, GE appliances in the kitchen

$3-$car garage and external landscaping

Ceiling$$ on the first floor and vaulted ceilings in the bedrooms

High$-$Level Assumptions and Constraints

The list of options is limited and the cost of the house would vary based on the options selected.

The client must choose one from among the models offered.

$7-$year warranty for structure and $2-$year warranty for finishing components

After the WBS was developed, it is necessary to identify risks associated with the project and include prioritized risks in revising cost and schedule estimates. For this purpose, you were asked to develop a comprehensive risk management plan.

Tasks to Complete

Identify all the risks. To do so$,$ you will use a WBS and ask yourself, $$What can go wrong with this work package?$$ for each work package identified at the lowest level of the WBS$.$ Also, you can identify more risks by challenging all the assumptions listed in your project plan.

Develop a risk register as discussed throughout the chapter.

Develop a risk breakdown structure.

Perform a qualitative assessment to prioritize risks.