Solved by verified expert:Select an organization you are familiar with as the basis of the paper.Risk involves uncertainty, the lack of knowledge of future events, and the measures of profitability and consequences of not achieving the project goal. Your organization has decided that to be successful in the global economy it must expand its supply base into China or another country approved by your instructor. This has become a strategic project for the organization.Write a 1,400- to 1,750-word paper in which you address the following risk management items for this supplier global expansion project:Describe the objectives and goals, tools and techniques, and organizational roles and responsibilities for effective risk management for the project.Describe various information sources that may be used by the project team for risk identification.Identify and describe the risk management documentation that will be required for the project. Examples include RMP and risk management log or register.Explain the role of risk management in the project planning process.Create a risk breakdown structure that outlines the organization’s risk categories.Consider the following categories:Project risksBusinessContract relationships with customers and suppliersManagementPoliticalOrganizational risksProject management risksCost estimatesSchedule estimatesCommunicationTechnical risksProduction risksManufacturing concernsLogisticsSupport risksMaintainabilityWarrantyExternal risksProcurementMaterial availabilityLead timesQualityMarketFormat your paper consistent with APA guidelines.
cpmgt302_r10_wk2_gg_risk_mgmt_breakdown_structure.doc
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Risk Management Breakdown Structure
Paper Grading Guide
CPMGT/302 Version 10
Procurement and Risk Management
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Risk Management Breakdown
Structure Paper Grading Guide
CPMGT/302 Version 10
Edited in accordance with University of Phoenix® editorial standards and practices.
2
Risk Management Breakdown
Structure Paper Grading Guide
CPMGT/302 Version 10
Individual Assignment: Risk Management Breakdown Structure Paper
Purpose of Assignment
The purpose of this assignment is to ensure that students understand how risk management fits into project
management and risk management methodology. Students need to know sources of risk in order to identify
risk. A great tool to use to assist risk identification is a Risk Breakdown Structure (RBS) template.
Organizations with mature project management offices more than likely have a standardized RBS template. If
the organization does not have a template, it is easy to search on the internet to find a RBS to modify and meet
the requirements of the project.
Grading Guide
Content
Met
Partially
Met
Not Met
Total
Available
Total
Earned
10.5
#/10.5
Partially
Met
Not Met
Comments:
The student bases this assignment on an
organization with which they are familiar.
The student describes the objectives and
goals, tools and techniques, and
organizational roles and responsibilities for
effective risk management for the project.
The student describes various information
sources that may be used by the project team
for risk identification.
The student identifies and describes the risk
management documentation that will be
required for the project (examples include
RMP and risk management log or register).
The student creates a risk breakdown
structure that outlines the organization’s risk
categories.
The student considers the categories listed on
the assignment in a bulleted list.
The paper is 1,400 to 1,750 words in length.
Writing Guidelines
The paper—including tables and graphs,
headings, title page, and reference page—is
Met
Comments:
3
Risk Management Breakdown
Structure Paper Grading Guide
CPMGT/302 Version 10
Writing Guidelines
Met
Partially
Met
Not Met
Total
Available
Total
Earned
4.5
#/4.5
15
#/15
consistent with APA formatting guidelines and
meets course-level requirements.
Intellectual property is recognized with in-text
citations and a reference page.
Paragraph and sentence transitions are
present, logical, and maintain the flow
throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed
including spelling and punctuation.
Assignment Total
Additional comments:
#
Comments:
4
…
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