ITP-5i Project Risk Assessment: Excel Risk Register and Text Document

This assignment focuses on project risk assessment, requiring the creation of a risk register in MS Excel and a text document analyzing the identified risks. The Excel risk register must be populated with risks for at least 12 tasks across different levels of the Work Breakdown Structure (WBS), including mitigation strategies, contingency plans, and risk owners. The text document addresses key questions, such as identifying the most threatening risks, recommending mitigation actions, analyzing the impact of these actions on cost, schedule, and scope, and discussing the benefits of risk mitigation. The assignment emphasizes the importance of quantifying risks and assessing their potential impact on project success, providing a comprehensive approach to project risk management.