For this Assignment, you will identify risks for the provided Pepsi Refresh Project case study.
Consider the parameters of the case study. Assume you have been named the risk manager for this project.
In the provided Risk Management Plan Template, address the following:
Describe the process you will use to identify risks. Who will you include? When will you conduct these activities? How will you document the results?
Describe the types of risks you will define, such as operational, technical, regulatory, etc.
Describe the source of project risks that you plan to use, such as weather, vendor, staffing, technology, etc.
Identify 8–10 project risks for the Pepsi Refresh Project case study.
Document project risks in the risk register in Columns A–F.
Be sure that your risk is written in “risk event – impact” format: “Storm blows off shingles allowing water to leak in and ruin my home’s interior.” In that one sentence, any reader can understand the risk event (“storm blows off shingles”) and the risk impact if it does occur (“allowing water to leak in and ruin my home’s interior”).
Required Readings
1.Project Management Institute. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide). Sixth edition. Newtown Square, PA: Author.
Part 1: A Guide to the Project Management Body of Knowledge (PMBOK® Guide)
Chapter 11, “Project Risk Management”
Section 11.2, “Identity Risks” (pp. 409–418)
This section of Chapter 11 explains the process for identifying and documenting project risks. It also includes the specific inputs, tools and techniques, and outputs that should be generated from the risk identification process.
2.Pepsi Refresh Project Case
3. you will be using the Risk Management Plan Template , You will need to download this template and use it for all assignments.
*ONLY submit the sections of the risk management plan (RMP) that are required
Remove all text that is in the template other than the headers. The narrative and bullet points that I provided in the RMP template are there for guidance and to serve as instructions for you, and as such they should not be submitted with your assignment.
For the RMP project work, you MUST write your RMP as if YOU were the risk manager and the PepsiCo project was YOUR project. Therefore, do not refer to PepsiCo, the project team, the project, or anything else around this case study in the third person. This means you should never say “they”,”them”, etc. Instead, you must say things like,”We will first identify” and not “They should first identify.”
