The Project Management Institute $(2017),$ in section $11\mathrm{.}1\mathrm{.}3\mathrm{.}1,$ defines the Risk Management Plan as containing some or all of the following elements:

Risk strategy

Methodology

Roles and responsibilities

Funding

Timing

Risk categories

This is outlined in both A Guide to the Project Management Body of Knowledge and the Practice Standard for Project Risk Management.

Instructions

For the Portfolio Project that is due in Week $8,$ you will develop a complete Risk Management Plan and Risk Register for a project.

Select a project within your industry, or within an industry in which you would choose to work as a project manager. Submit an executive summary of your selection $($high$-$level project charter$)$ for a grade. You will also begin to outline a Risk Management Plan for this project and add to it each week. This will be submitted as part of your Portfolio Project in Module $8.$