Evaluate Risk Management Plan

Paper instructions:
Denise, go back and resubmit your paper to make sure all the below is incorporated for your outline. This would include a preliminary outline of the risk management plan (i.e. preliminary research on topic/industry, identified components of the plan with explanation and rationale of its relationship to the overall plan just to add a few things by Day 7). Your paper was well organized, easy to follow, and logically conveyed the elements of a risk management plan, along with an explanation and rationale for your process.

Suggestion: Make sure that you have the project triple constraint covered. Double-check to make sure that you also included the following: introduction, project scope statement, how you plan to identify risk, risk registry (table), risk probability, risk impact, risk ranking, risk responses, risk reporting, mitigation, monitoring and controlling, tracking project status, and conclusion to name a few things).

Evaluate The Risk Management Plan
YourFirstName YourLastName
University title

Outline
I. Name of the project and description of its capital structure, stakeholders, purpose, mission and objectives
a. Identify all operating locations
b. Identify all domestic competition locations
c. Identify all foreign competition locations
d. Identify the sources of funds
e. Identify the mandatory expenses
2. Name of the project heads
a. Their educational background
b. The departments headed by them
3. Education and co-curricular activities
a. Listing the steps that should ensure a safe and motivating environment for the students
b. Feedback session from students and parents for further improvement of the environment
4. Medical Supervision
a. Name of the person taking care of the medical administration
b. Listing the kind of medical care the project plans to implement
c. Listing the kind of medical care the project plans to implement in order to stand competitions
5. Technical Risks
a. Name of the person in charge of maintaining and updating software
b. Name of the in charge of maintaining and updating hardware
6. Management
a. Name of the decision making body
b. Name of the conflict resolution body
7. Training and Development
a. Selecting experienced people from similar industry
b. Providing training and offering scope for development
c. Maintaining a cultural equilibrium
d. Educating the non-teaching staff
d. Ensuring smooth communication between employees and project heads
8. Rules and Policies
a. Name of the legal advisor taking care of the legal norms of the project
b. Listing the rules to be followed by the employees and the parents of the students
9. Special Risks
a. Listing all of the uncertain risks associated with the activities mentioned above
b. Listing all steps taken to deal with these risks
10. Maintenance
a. Preparing mitigation strategy for each risk
b. Preparing contingency plan for each risk
c. Timely evaluation of the risk
d. Updating data and follow-up
Components
Each component of the plan is significant for the success of the project. A detailed discussion of each component would further clarify their significance-
First component provides a clear picture of the organization, its financial scenario, the market where it operates and the competitors it has. This would enable an efficient budget planning for the project and help towards planning efficient strategies to fight competition.
The second, third and fourth component ensures the quality of the services offered by the project and provides details about the respective departments in charge of maintaining the quality.
Fifth component work towards the efficient up-gradation and maintenance of the technological environment of the project.
The sixth component provides a smooth working ambience with fewer conflicts and hence enables fast decision making procedure.
Seventh component resolves the difference among the employees and promises excellent services to the customers.
The eight components are responsible for ensuring a well maintained legal environment within the project.
Ninth component offers protection from uncertainties.
The tenth component ensures an overall flexible, dynamic and conflict-free project team.
Assessment of the plan
After studying several risk management plans by different autism schools, the present outline has been prepared. Although most of the plans focused mainly on the treatment and medical issues (OSHC, 2014), the article on Individualized Education Program (IEP) by Dennis Debbaudt (Debbaudt, 2009) put stress on the education of the non-teaching staffs and working closely with the student’s family. Thus, these important factors have also been included in our plan apart from the medical care factors.
Reference
Debbaudt, D. (2009). Individualized Education Program (IEP) Autism Safety & Risk Management. Retrieved from http://www.autismspeaks.org/docs/family_services_docs/IEPSafetySkills.pdf
OSHC. (2014). Autism Spectrum Disorder Support Plan. Retrieved from http://www.decd.sa.gov.au/docs/documents/1/AutismSpectrumPlanOSHC.pdf

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