Assessment
You are to complete the risk register as per the criteria.
The risks that you identify need to be reflective of the project described in the selected tender and align to the requirements of the PMBoK and Prince2.
A template has been provided for you to document and analyse the risks you have identified. Ensure that you fill in both the Title page and the Risk Register tabs on the template. Other tabs provide you with information that you may need to fill in the tabs, ensure you read them in conjunction with the information provided in your tender documents. If information in the tender documentation and the risk register are contradictory, you are to use the information in the Register, for the purposes of this assessment. For example, the tender may state ‘risk categories' etc., however you are to categorise your risks based on the category descriptions within the register.
Uncertainty regarding contract type
You hear that the customer wants to have a fixed price contract for the project. You were hoping that the contract might be cost reimbursable. This will be decided at the next project board meeting.
You are to utilise one of the ten required risk register entries to document the uncertainty described in the above situation.
Criteria
You are required to apply your knowledge of project management concepts when developing the risk register mentioned in the criteria below. Make sure you develop the risk register as if you were planning the project. Do not submit a report discussing what the risk register is.
Appropriate application of the following project management concepts in the development of a risk register for the project described in the selected tender.
Seven threats (negative risks) reflective of the project described in the selected tender are identified, analysed and entered appropriately on the risk register.
Three opportunities (positive risks) that are reflective of the project described in the selected tender are identified, analysed and entered appropriately on the risk register.
Attachment:- Risk Register.xlsx