12 project risk communications plan communications

12
Project Risk Communications Plan
Communications Matrix
Stakeholder Risk Content Method Frequency
Customer Overrun/behind
schedule
Meeting monthly
Project
team
Dependencies on
the other projects
Email and
meetings
weekly
Vendors Not delivering on
time
Email weekly

13
Memo to the Project Sponsor
MEMO
DATE: 8 August 2017
TO: Project Sponsor
FROM: Roberson’s Construction Company
For your project, building a storage building, I choose the waterfall method. One of the
main reasons that we choose this method was the how easy it is to read and to understand.
Because this project will be small in nature, the requirements are simple to understand.
The risk identification process was appropriate for this project. By using the
quantitative and qualitative risk analyses, it helped me visually see where all the risks
stacked up and which ones were the most severe.
Some of the risk response strategies that I did not use were exploit, accept, enhance, and
share. I didn’t use any of them because none of them applied to the risks for this project.
One of the risks I had with this project was weather. None of the risk responses, applied
except maybe accept but then the project would never get completed. Same with the
internal risk, I could have accepted it, but then we could have fallen behind.
One of the ways that the risk management activities can be improved in future projects
like this one, start the project earlier in the year. Because we started it in July, we are
backed up against fall and winter. This can affect working outside, pouring the foundation
and the curing of the foundation, as well as the vendors. If a winter storm comes through,
this can delay the shipment of the materials.
As always, thank you for choosing Roberson’s Construction Company.
Best Regards,

14
Kandee Roberson
Project Manager

15
References
Project Management Institute. (2009). Practice standard for project risk management.
[Vitalsource version]. Retrieved from
Project Management Institute, A guide to the project management body of knowledge (PMBOK®
guide), Fifth Edition, Project Management Institute Inc. 2013. [Vitalsource version].
Retrieved from
Application of Risk Management. (n.d.). Retrieved July 11, 2017, from
h ttps://class.ctuonline.edu/_layouts/MUSEViewer/Asset.aspx?MID=8229887&aid=8229888
The Risk Management Plan. (n.d.). Retrieved July 11, 2017, from
Asadi, Z. (2015). An investigation of risk management strategies in projects. Marketing and Branding
Research, 2 (1), 89-100. Retrieved from ?