Project Risk Management Wk5

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Scenario: Building on your first four papers, You are an entrepreneur in the process of researching a business development idea. As you create a high-level Information Technology (IT) strategy for your new enterprise, it is important to address risks to IT. A Project Risk Management Plan will guide the process of identifying enterprise risks and the appropriate steps to mitigate and manage the risks. The Data Collection Plan is intended to describe a high-level process for applying enterprise resources in identifying, analyzing, and mitigating IT risks. The Risk Management Plan is a working document, which is expected to change over time as new project details emerge.

Create a high-level Project Risk Management Plan for your project in a minimum of 1,050 words which includes the following information:

  • A description of the enterprise IT risks
  • An assessment of the enterprise exposure to each risk
  • A summary of the highest priority risksyHigh-level procedures to mitigate and manage the most likely risks
  • High-level procedures to address business resumption and disaster recovery

Cite a minimum of 4 peer-reviewed references from the University of Phoenix Library.

Format consistent with APA guidelines.