The Risk Break down Structure

Running head: RISK MANAGEMENT PLAN
Risk Management Plan
LaLaLand Library Central Branch Renovation Project
Name of the Student
Name of the University
Author Note

RISK MANAGEMENT PLAN1
Table of Contents
1. Risk Management Plan..........................................................................................................2
Risk framework diagram........................................................................................................2
Risk Breakdown Structure (RBS)..........................................................................................3
List of Stakeholders................................................................................................................4
Assumptions and Constraints.................................................................................................4
2. Risk Register..........................................................................................................................5
List of risks in a risk register..................................................................................................5
Two (2) opportunities on the 25 risks..................................................................................12
References................................................................................................................................13

RISK MANAGEMENT PLAN2
1. Risk Management Plan
Risk framework diagram
Figure 1: Risk Framework Diagram
(Source: Mhetre, Konnur. and Landage 2016)

3RISK MANAGEMENT PLAN
Risk Breakdown Structure (RBS)
Figure 2: Risk Breakdown Structure
LaLaLand Project Risk
Breakdown Structure
Technical
Errors
Information
security issues
Data
Governance
problems
External errors
Scope creep
Unresolved
project
conflicts
Service
Transition
issues
Extreme
weather
conditions
Theft Development
of new policy
Contractor
delays
Organizational
errors
Business Case
Development
Issues
Lack of communication
Strategic
Assessment
Incorrect
vendor
selection
Safety hazards
for the
workers
Ethical issues
Staff priorities
are not
controlled
Management
errors
Undefined Project
purpose and need Project design and
deliverable definition is
incomplete
Project schedule is
not defined clearly
to the project team
Change
management
errors
Scheduling
estimation
errors
Delay in
intermediate
project phases
Contracting
Risks