Risk Management Breakdown Structure Paper

Select an organization you are familiar with as the basis of the paper.

Risk involves uncertainty, the lack of knowledge of future events, and the measures of profitability and consequences of not achieving the project goal. Your organization has decided that to be successful in the global economy it must expand its supply base into China or another country approved by your instructor. This has become a strategic project for the organization.

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Write a 1,400- to 1,750-word paper in which you address the following risk management items for this supplier global expansion project:

Create a risk breakdown structure that outlines the organization’s risk categories.

Consider the following categories:

  • Project risks
  • Business
  • Contract relationships with customers and suppliers
  • Management
  • Political
  • Organizational risks
  • Project management risks
  • Cost estimates
  • Schedule estimates
  • Communication
  • Technical risks
  • Production risks
  • Manufacturing concerns
  • Logistics
  • Support risks
  • Maintainability
  • Warranty
  • External risks
  • Procurement
  • Material availability
  • Lead times
  • Quality
  • Market

Format your paper consistent with APA guidelines.

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550 words
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