Assignment Content
Prepare a project requirements matrix, a risk assessment matrix, and a cost breakdown for the project proposal selected in Week 2. Microsoft® Excel® can be used to prepare these documents. You can create 3 worksheets (one for each matrix) and a 4th for your references.
Here, the word matrix can be interpreted as a table or chart.
Collect and evaluate the high-level project requirements.
Prepare a requirements matrix that includes:
Requirement
Phases of the project
Responsible party
Cost to complete
Duration to complete
Prepare a risk assessment matrix that includes:
Risk
Potential of risk occurring
Level of impact to the project
How risk can be mitigated
Briefly summarize a risk owner’s role in the risk response plan and how a project manager should assess and deal with risk.
Prepare a cost breakdown sheet that includes:
Visual insight of project finances
Compile the requirements matrix, the risk assessment matrix, and the cost breakdown sheet.
Submit your assignment.
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