Risk Management Knowledge Area Paper – BUSI 415

The topic for this paper is “Risk Management.” The discussion will be tied to PMBOK, and agile and adpative methodologies.
For this paper you will support the following requirements. 5 scholary sources, 2 textbook reference, and 2 Bible reference at a minimum.
1. Write Introduction and conclusion that frame and wrap up All of the major points of the paper
2. Cover all phases of the knowledge area according to PMBOK
3. Cover all processes of the plan according to PMBOK
4. Cover an explanation of adaptation of the knowledge area in Agile and Adaptive methodologies
5. Add Bible verse(s) related to the knowledge Area with discussion and application to business today.
6. Utilize the textbooks and at least 4 additional scholarly resources and is formatted in APA. DO NOT USE direct quotes as this does not support learning and is not supported in APA unless there is no other way to paraphrase in your own words without losing meaning. This is very rare and normally applies only to famous quotes, not textbook materials. The paper is without spelling and grammatical errors and is at least 5 pages long NOT including the Title and Reference page.

Consider the following in your paper in regards to the topic; Risk Management.
1. Knowledge Area defined **
2. How does Risk Management work within the process groups Initiating, Planning, Monitoring & Controlling, and Closing processes? What happens in each process (where applicable)?
3. How would you perform Risk Management in Agile and other adaptive methodology environments?
4. Give 2 examples of Risk Management from the Bible (include the verses). Explain how your example is an example of resource (or Stakeholder) management and explain how you would apply these Biblical principles in business today.

Paper Dynamics
Use the text books, Library, online search, or video references to support your writing with scholarly references. 5 References are required. APA Citations and references required

A suggested outline would be:
Introduction
PMBOK Knowledge Area
PMBOK Process Groups
Considerations for Agile Adaptive Methodologies
Biblical Integration
Conclusion

Your paper should be at least 6 pages NOT including the Title and Reference page. I have included the Chaper for this topic and have attached it to this order to simplify a reference.

Textbook:
A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Project Management Institute, 2017. ProQuest Ebook Central, https://ebookcentral-proquest-com.ezproxy.liberty.edu/lib/liberty/detail.action?docID=5180849.

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