Rasmussen College Super Packs Project Management Report

AYou are assuming the role of the project manager for a company calledSuperPacks to provide a new backpack product with a built-inrefrigeration pouch and radio module. Your customer for this project isthe U.S. Army, Ground Forces and Special Operations. As the projectmanager for your team, you will be submitting to your manager a project management report.

Risk Matrix

As a project manager for this company, you are to analyze the risksassociated with the project. Risks should be identified and defined ascost, probability, impact, and mitigation plans for each risk. Below,you are to provide a risk assessment for the project based on thecriteria and template provided.

• Identify and name at least three risks and name them (risk name).
• Determine the expected costs for each named risk.
• Determine the risk probability for each named risk.
• Include factored risk value (should automatically calculate using the Risk Assessment Matrix template).
• Determine the risk impact to project (using the drop-down menu in the Risk Assessment Matrix template).
• Provide the Risk Mitigation Plan.
• Provide the expected risk retire date (when the risk is no longer a risk).