Managing Risk as Related to Project Management

Project Managers must always be prepared to manage events that could seriously impact their ability to deliver a successful project to their customers. Sometimes these events are completely out of the Project Manager\’s control, yet the Project Manager still has the responsibility to deliver a successful project. Managing these types of external events is at the center of risk management. In order to minimize or eliminate this type of risk, Project Managers generate contingency plans to keep the project moving forward.For this part of the Course Project, you will put together a Contingency Plan for one of the areas where the project is most at risk. The Project Team feels the following areas are where the project could be most at risk for failure:In a paper that is a minimum of 5 pages long, clearly and concisely describe a Contingency Plan for each of the events listed above. Each Contingency Plan should address the following:

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