Question Description

There is two parts to this…..

first: Prepare a project requirements matrix for the Learning Team project selected in Week 2. Microsoft® Excel® can be used to prepare these documents.

Collect and evaluate the high-level project requirements.

Prepare a requirements matrix that includes:

  • Requirement
  • Phases of the project
  • Responsible party
  • Cost to complete
  • Duration to complete

second: Use the same company/project idea you used in the Week 2 Learning Team assignment (Building a home)

Write a 1,050- to 1,400-word paper in which you address each of the following items:

  • What is the purpose of a risk response plan?
  • What is a risk owner?
  • Who should be appointed to own risk on a project?
  • What is a risk owner’s role in the risk response plan?
  • How should a project manager assess and deal with risk?
  • List and describe the most common areas of the project where risks can originate.
  • List and discuss at least two types of risk for each area.
  • In the project you discussed in Week 1, what were the risks, and how were they handled? Should they have been handled differently?

Format your paper consistent with APA guidelines.