Remember you first produced the Business Case $/$ Project Charter and then determined the scope and submitted WHAT needed to be delivered to customer as WBS$,$ and now it is time to work on the Risk Management planning processes.

Here are the details regarding the Group Project Assignment on Risks. In a Group setting you are required to work and deliver as the following, as also lectured in the class. Please use your own selected topic to apply your learnings.

$1-$ Identify Risks in an MS Excel file. Risk identification matrix with Risk ID$,$ name, description, risk owner, and keep populating the file$**$ with the additional information you will produce with your team members

$2-$ Perform Qualitative Risk Analysis on identified risks matrix $/$ table as in impact or consequence, probability of occurrence, $($High$,$ medium, low$)$

$3-$ List qualified risks in priority order from high to low and show them in an impact vs$.$ likelihood graph

$4-$ Perform Quantitative Risk Analysis$*($i$.$e$.$ convert the approximate values in #$2$ to numerical values and calculate risk factors for each risk$)$

$5-$ List quantified risks in priority order from most expensive to least expensive and show them on an impact vs$.$ likelihood graph

$6-$ Prepare sample risk response plans for the top $3$ risks