As a group, you are to describe a project that all of you will participate in, and include the following:

• Define the goal of the project
• List the project’s duration
• Explain who are the stakeholders (those who participate)
• Review benefits by the project implementation
• Explain your need for resources

You need not go into in-depth details on the project.

come up with 2 risks to this project. Each risk must include the following elements:

• What technique(s) was used to identify the risk?
• What type of risk is it, and does it have specific IT elements and considerations?
• How was the risk assessed, and how does it rank with all of the risks identified by the group?
• Is the risk qualitative or quantitative, and does it work with an EMV or Pareto analysis with all of the risks identified by the group?
• What is the response to this risk, assuming it occurs during the project’s lifecycle?
• Provide at least 2 contingency plans for this risk (one primary and a second backup).
• How will the risks be monitored and controlled?
• How will risks be communicated to all project participants?
• What EVM comes from the risk management plan?
• Are there any special tools utilized by the plan to manage all identified risks?

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