Assessing and Mitigating Risk

In: Business and Management

Submitted By SULLIJ
Words 1580
Pages 7
Silver Fiddle Construction Risk Management Plan

Silver Fiddle Construction
Grand Junction, Colorodo
(770)468-7414
Sullivan8286@hotmail.com
2/6/2013
Joshua Sullivan
Unit 6 Assignment 1 Risk Management Plan (Final Course Project)
Assessing and Mitigating Risk
Instructor: Denise Eggersman

Version # | ImplementedBy | RevisionDate | ApprovedBy | ApprovalDate | Reason | 1.0 | Joshua Sullivan> | 02/03/2013 | <Bolo and Isabella Czopek> | <02/08/2013> | Initial Risk Management Plan draft | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

TABLE OF CONTENTS

1 INTRODUCTION 1
1.1 Purpose Of The Risk Management Plan 1
2 risk management Procedure 1
2.1 Process 1
2.2 Risk Identification 1
2.3 Risk Analysis 1
2.3.1 Qualitative Risk Analysis 1
2.3.2 Quantitative Risk Analysis 2
2.4 Risk Response Planning 2
2.5 Risk Monitoring, Controlling, And Reporting 2
3 Risk Management Plan Approval 2
Conclusion 3
APPENDIX A: sWOT ANAYLSIS 4
APPENDIX B: RISK MATRIX …………………….............................................5
APPENDIX C REFERENCES……………………...............................................6

Introduction
Purpose Of The Risk Management Plan *
A risk is an event or condition that, if it occurs, could have a positive or negative effect on a project’s objectives. Risk Management is the process of identifying, assessing, responding to, monitoring, and reporting risks. This Risk Management Plan defines how risks associated with the Silver Fiddle Construction Company, recorded, and monitored throughout the lifecycle of the project and provides templates and practices for recording and prioritizing risks. Silver Fiddle Construction Company specializes in building high-quality, customized homes in Grand Junction, Colorado. New customers, the Czopeks, have hired you to build their dream home. The anticipated cost of the home is…...

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