Risk management plan (RMP) that supports the selected project.

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The RMP will be completed throughout this course with portions of the plan due each week from Week 2 through Week 7. The final plan will be due in Week 7, with the addition of risk monitoring and control.
The RMP will be graded on the quality of content related to project risks for a chosen project. Because this is a graduate course, proper use of citations, grammar, and sentence structure is required. References such as the company information for your project, textbooks, and other resources used to gather information must be in APA format.
You will create a risk management plan for a project of interest to you, defining how to conduct risk management activities for that project. You can choose a project based on your past work experience or find one in other sources. When selecting a project, avoid ones that are either too big or too small. For example, do not decide to solve world hunger (too big) or to plant your summer garden (too small). If you have any questions about the suitability of your project selection, please follow up with your professor for guidance.
You may also choose one of the following example scenarios for your project. If you select one of the example scenarios, you will also be required to look for a research paper about the scenario and the project risks that were encountered related to the scenarios. Share key points about similarities in the research paper compared to your risk management planning or analysis. The research paper must also be cited and referenced.
Project Risk Management – Project Scenario
Scenario: Ocean Exploration Project
A private investor is planning an oceanographic exploration. The mission is named Blue Whale Expeditions and the plan is to send an unmanned submersible to one of the deepest locations in the Bermuda Triangle. This mission is a precursor to possibly carrying manned submersibles to the same area(s) and for tourists in later years. The project will be managed at the Florida location and will be televised locally. There is some uncertainty and possible environmental considerations, as well as treacherous navigation at specific depths.

Risk Management Plan Deliverables
The risk management plan for your project must apply risk management processes learned from both of your textbooks, describing how risk management activities will be structured and performed. The assignments will include the following areas.

Create a one-page document of one to two paragraphs with a description of the company and project you will use for your risk management plan.

 

Sample Solution

Social workers are dedicated to assisting clients facing disabilities, life-threatening diseases, and social problems like inadequate housing, unemployment, and substance abuse because they are committed to promoting social justice, human well-being, and empowerment. Here’s a breakdown of the rationale and related factors:

Why Social Workers Help:

  • Core Values: Social work is rooted in core values such as service, social justice, dignity and worth of the person, importance of human relationships, integrity, and competence. These 1 values compel social workers to address the needs of vulnerable populations.  
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  • Empowerment: Social workers aim to empower individuals and communities to overcome challenges and achieve their full potential.
  • Systems Perspective: Social workers recognize that individuals are influenced by multiple systems (e.g., family, community, society). They work to address problems at various levels, from individual support to systemic change.
  • Advocacy: Social workers advocate for policies and services that promote social justice and address the root causes of social problems.

Impact on Society and/or Local Communities:

  • Increased Well-being: By addressing these issues, social workers contribute to the overall well-being of individuals and communities.
  • Reduced Burden on Systems: Effective interventions can reduce the burden on healthcare, criminal justice, and welfare systems.
  • Stronger Communities: Addressing social problems fosters stronger, more resilient communities.
  • Economic Impact: When people are able to get help with things such as substance abuse, or unemployment, they are able to become productive members of society, which boosts the economy.

Roots of the Problem/Issue:

  • Systemic Inequality: Many social problems stem from systemic inequalities related to poverty, discrimination, and lack of access to resources.
  • Social Determinants of Health: Factors such as housing, education, and employment significantly impact health and well-being.
  • Trauma and Adverse Experiences: Trauma and adverse childhood experiences (ACEs) can contribute to mental health issues, substance abuse, and other problems.
  • Lack of Access: Lack of access to healthcare, mental health services, and other essential resources exacerbates existing problems.

Student Perspective/Opinion of the Problem/Issue:

  • From a student’s perspective, these issues represent a complex web of interconnected factors that require a multifaceted approach.
  • It’s crucial to recognize the humanity of those affected and avoid stigmatizing language or attitudes.
  • A strong belief that all people deserve access to basic human rights, and the ability to live a full and happy life.
  • The student feels that preventative measures are extremely important, and that we must work to stop these issues before they start.

Current Policies Surrounding the Issue:

  • Policies vary depending on the specific issue and location.
  • Examples include:
    • The Americans with Disabilities Act (ADA)
    • Medicaid and Medicare
    • Substance abuse treatment programs
    • Housing assistance programs
    • Unemployment benefits
  • These policies have varying degrees of effectiveness, and are often underfunded.

Possible Policy Solutions/Revisions That Could Combat the Issue:

  • Invest in Prevention: Prioritize prevention programs that address the root causes of social problems.
  • Expand Access to Affordable Healthcare: Ensure access to comprehensive healthcare, including mental health and substance abuse treatment.
  • Promote Affordable Housing: Increase the availability of affordable housing options.
  • Address Systemic Inequality: Implement policies that promote equity and address discrimination.
  • Increase Funding for Social Services: Adequate funding is essential for effective social work interventions.
  • Strengthen Social Safety Nets: Enhance programs that provide support to vulnerable populations.
  • Promote trauma informed care: All social programs should be trauma informed.
  • Increase community involvement: Increase the amount of programs that are community based.

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