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Vodeb Project Risk Management Plan

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Project Risk Management Plan for Vodeb Originals Website
This risk management plan will center around a commercial website project. This website will focus on selling and showcasing graphic design work completed by the author of this report as well as the authors father for their company known as Vodeb Originals.
In this risk management plan, we will use risk identification to identify the positive and negative risks that are associated with the project. The report will also include a Risk Breakdown structure and a scope statement to further help in understanding the scope this project will be. We will also complete qualitative risk analysis and risk response planning.

Scope Statement
The scope of this project is to identify, analyze, and …show more content…
This process helps to ensure that the type and degree of the risk management are in proportion to the risks as well as the importance of the project to the organization (Project Management Institute, 2013). For this project we will be using a few tools that we help us to define and understand the overall risk to the project. First we will be using expert judgment from other commercial website administrators. Traditionally one would consult senior management and project stakeholders, however since this project is for a small company there isn't any senior management to consult (Project Management Institute, 2013). The stakeholders consist of the father, daughter team mentioned earlier. Second we will utilize meeting with the project team and the primary stakeholders being the father daughter team and the project manger and their team (Project Management Institute, 2013). Plans for the risk management process will be defined in these meeting to ensure that everyone is on the same page. Cost and scheduling will also be determined in these meetings as to make sure that we stay on budget and schedule while performing the risk analysis (Project Management Institute, …show more content…
then the risks are documented, this ensures that the project team are aware of the risks and are able to anticipate and respond to them in an adequate manner (Project Management Institute, 2013). For this risk management plan we will identify 15 positive and negative risks. Positive risks are risks that are seen as opportunities as opposed to a threat to the project as we see with negative risks (Project Management Institute, 2013). we will use brain storming as well as checklist analysis to determine the possible risks that are associated with this

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