Discussion Post: Procurement and Risk Plan in Project Management
Produce two documents (TEMPLATES ARE PROVIDED): a project risk plan and the Procurement Plan.
Risk Management Plan is the document that a project manager prepares to foresee risks, estimate impacts, and define responses to issues. It also contains a risk assessment matrix. A risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives.
Procurement Management Plan is the part of the overall Project Management Plan. The document describes how items will be procured during the project and the approach you will use in managing vendors on the project.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.