Risk Planning: Individual Assignment 20%

This assignment combines the concepts covered in the first half of the course. Students have an opportunity to

demonstrate their learnings from assignments, course material, quizzes and workshop activities. Describe your

project's custom boundaries and then define the risk context. Next, integrate and tailor how the project team

will conduct risk identification, problem-solving, and risk analysis for the project. Using the assignment

requirements as a guide, complete the Scope Statement (outline provided) and fill in your project's details. Then

create a Risk Management Plan and Risk Register. Complete this assignment individually. Do not include these

instructions with your work.

An optional outline is available to help you get started.

Instructions and Requirements

1. Complete this assignment using Microsoft Word, do not convert to PDF. Include the scope statement, risk

management plan and risk register in one document.

2. You are the project manager for an outdoor music festival that will take place on Conestoga College campus.

The event is scheduled for May 21, 2022. It will be a six-hour event with a minimum of six artists including

one head-liner artist. Food vendors and a separate beer garden will be required. You must secure all

required licences and approvals. Concert security is required.

3. Complete the scope statement based on your event (see

below template)

4. Complete a basic Risk Management Plan for this project. Begin each section with a short explanation of the

purpose it serves.

Sections to include:

a. Purpose of the risk management plan

b. Define Project Priorities (this develops context, see Larson section 4.2 Establishing Project

Priorities)

c. Identify 1 risk identification method the project will use (and why)

d. Create an RBS(minimum of 4 categories)

e.Create an impact table.Minimum of a 1 to 3 scale for impact and measures for cost and time.

f.Create a heat map. At a minimum, it should contain:

i.Threats and opportunities

ii.Short explanations for each probability and severity level.

g.Create a template risk register, must include risk statement, category, analysis (use best practices)

i.Create 2 sample risks related to the project, fill in all fields, provide a brief explanation on

the reasoning behind the risk categorization and analysis.

5.Title page, table of contents and references (all sources and citing where appropriate). Spelling and

grammar check. Do not change project management terms (i.e. risk). Final format check, make this look

professional.

Risk Planning: Individual Assignment 20%

SCOPE STATEMENT

Include a short statement explaining how/why a scope statement is important for risk management.

Project Objective

?

Project Boundaries

Deliverables

In Scope

Out of Scope

Minimum 5 items

Minimum 3 items

Project Budget:

.

Risk Reserve:

.

Schedule:

.

OPTIONAL,INCLUDE,TECHNICAL,REQUIREMENTS AND/OR DELIVERABLES

Milestones

Date

Activity/Description

Minimum 3

Assumptions

MINIMUM

2ASSUMPTIONS