Week 4 Group - Discuss elements of risk management

wk4 grp wrk
Group 2.
400 WORDS TOTAL PLEASE
This week's group project involves risk management planning. It is a 1,000 word paper, defining the risk management plan for our data migration project. It includes the following components.
1. Discuss elements of risk management planning and the contents of a risk management plan.
2. Explain the concepts of risk related to the chosen IT project, and list the advantages of managing IT project risks according to best practices.
3. List three common sources of risk for the chosen project.
4. Identify five potential risks for the chosen IT project, and be sure to list both positive and negative risks.
5. Provide detailed description of each risk by creating a risk register and report. Make sure to propose strategies for addressing each risk.
FYI: Project Proposal – On-premises Data Center Upgrade & Cloud Migration

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Solution: Week 4 Group - Discuss elements of risk management