For the first part of the assigned project, you will create a partial draft of the risk management plan. To do so, follow these steps:
- Research risk management plans.
- Create an outline for a basic risk management plan with anticipated section headings (as indicated in this numbered list). This plan will include a qualitative risk assessment, which is addressed later in the project.
- Write an introduction to the plan by explaining its purpose and importance.
- Define the scope and boundaries of the plan.
- Research and summarize compliance laws and regulations that pertain to the organization. Keep track of sources you use for citation purposes.
- Identify the key roles and responsibilities of individuals and departments within the organization as they pertain to risk management.
- Develop a proposed schedule for the risk management planning process.
- Create a draft risk management plan detailing the information above. Format the plan similar to a professional business report and cite any sources you used.
Submission Requirements
- Format: Microsoft Word (or compatible)
- Font: Arial, size 12, double-space
- Citation style: Your school’s preferred style guide
Estimated length: 4–6 pages
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