Last week, you performed a risk analysis and prioritized your project risks. For this assignment, you will focus on how to develop a project risk response plan.
Please see the attached instructions and templates.
Using the attached template and the risk register you developed in Week 4, respond to the following prompts:
1. Document the risk triggers for each identified risk in the risk register
2. Describe the general processes that should be followed in managing risks throughout a project. Be sure to include the general sequence in which these processes are carried out
3. Provide details about actions that will be taken to reduce the risk, owner of each action, and date of completion of each action
4. Be sure your mitigation plan includes how the project team should communicate risks to the project manager, and how the project manager should communicate risks to stakeholders
References
Cagliano, Anna C. (07/01/2017). “Risk management in hospital wards: The case of blood procurement and handling”. IFAC-PapersOnLine (2405-8963), 50 (1), 4648.
Your response plan should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect graduate-level writing and APA standards.
Length: Include a minimum of 3 pages, not including title and reference pages.
References: Include a minimum of 2 scholarly articles.