Define the boundaries of the risk management plan scope.

Demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:

  • Competency 1: Assess project risks to mitigate threats and capitalize on opportunities to ensure project success.
    • ​Define the boundaries of the risk management plan scope.
    • Explain the components and corresponding responsibilities that comprise the Risk Management Plan.
    • Describe the processes included in a risk management plan.
  • Competency 2: Evaluate risk impact analysis methods for application in a project
    • Apply an expected monetary value analysis to explain the cost of a project without a risk management plan.
  • Competency 4: Communicate in a manner that is professional and consistent with expectations for members of the project management profession..
    • Articulate the benefits of a risk management plan.