BUS 519 Week 4 Assignment 2, Risk Management Plan

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BUS 519 Assignment 2, Risk Management Plan

This Dabhol Power Plant Project Risk Management Plan gives the project a dependable set of methods to manage the risks that arise in order to delivery success. Issues differ from risks, as risks relate to the events that could be revealed or emerge and end up affecting the project’s scope, budget, business performance, management objectives and schedule. Risks are measured in accordance to their most probable chance or chances of occurrence and the way that they can impact the program. Risk can be defined as any kind of trepidation that could significantly impact the capability of the project to meet its scope, budget, change management, business performance objectives, and schedule………..